Alyssa Furtado

On the market to buy a home? Purchasing a home in Canada requires plenty of preparation – both mental and financial.

There are definitely reasons to buy GICs: they provide security of capital and also generate some income. With interest rates reaching as high as 8% in the past two years, GIC returns right now are exceptional compared to the previous average of approximately 2% prior to the pandemic. Let's look at the history of GICs.

When you take out a mortgage, you’ll sign a contract with your lender that outlines the specific features of your mortgage, such as the interest rate you’ll pay, whether it’s open or closed, and any additional perks such as the ability to make accelerated payments, and porting your mortgage.

The RRSP Home Buyers’ Plan lets you use $35,000 of your RRSP for a down payment on a home. But there are other things you need to consider.

I wanted to reach out and update our customers on some changes happening on Ratehub.ca in our mortgage vertical. As of January 1st, 2022, Ratehub …

Canada’s mortgage stress test makes a big difference to how much you can borrow. Here’s everything you need to know about the mortgage stress test.