Don’t renew your mortgage with your eyes closed
When your mortgage comes up for renewal, your lender will send you a letter suggesting you renew at their current offer. If you do, you’ll be renewing your…
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Exploring Mortgage Amortization Extensions
Recent inflation numbers indicate that inflation is slowing, and many economists are saying that the most recent drop in the inflation rate will give the Bank of Canada…
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What affects mortgage rates?
What affects mortgage rates? Government policies to protect the economy during the pandemic resulted in exceptionally low mortgage rates for both fixed- and variable-rate mortgages. As we moved…
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That low-rate mortgage could actually cost you more.
Cheapest is not always best. We know that’s true when we’re shopping for anything else. But we still tend to believe that lowest rate is the one and…
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Eight mortgage tips and strategies
If you’ve got a mortgage – or plan to get one this year – you probably know that it’s more complicated than it used to be just a…
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Home Equity: Refinancing or Second Mortgage
Considering the 2023 housing market’s dynamics, with its high interest rates and market unpredictability, let’s discuss the significance of home equity. One of the most valuable assets homeowners…
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