you’re facing a significantly higher mortgage payment at renewal, a possible solution is to extend the amortization period of your mortgage (the length of time over which your payments are spread out).
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Rent vs buy: It’s an eternal question with no easy answer. Here’s what you need to know about whether you should buy or rent a home in Canada.
Read articleCan you get a 30-year mortgage in Canada? The better question is whether a 30-year mortgage is a good idea for you. Here’s everything you need to know.
Read articleShould you use a mortgage broker? There are pros and cons to using a mortgage broker, but you definitely need to consider it – they could save you thousands
Read articleShould you pick an open vs. closed mortgage? Open and closed mortgages are both useful, but you need to choose the right one. Here’s what you need to know.
Read articleYou’ve got your mortgage pre-approval in hand, and you’re ready to embark on your house hunt – but then you find a home that pushes the limits of the loan you’ve been offered.
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