Collateral mortgage

It wouldn’t be spring without reading something in the news about how hot the housing markets are. What we didn’t expect, however, was for there to be so many heated headlines about what’s happening with Canadian … Read More

The summer brought little sunshine to Toronto and little in the way of mortgage news, but this fall is turning out healthy doses of both! Not only have mortgage rates been slowly going down, but policymakers … Read More

If your lender has ever offered – or only offers – you a collateral mortgage, your first reaction might be to jump on it and accept. Collateral mortgages are a readvanceable mortgage product. With one, your … Read More

People refinance their home for two main reasons: to access the equity in their home and turn it into cash, or to obtain a lower mortgage rate.  According to the Canadian Association of Accredited Mortgage Professionals (CAAMP), … Read More