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.
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As we head toward 2025, the Canadian mortgage landscape is facing some big shifts. Interest rates are on the rise, borrower habits are changing, …
Read articleCanada’s record-setting population growth is about to take a breather. Recently, the federal government announced a significant reduction in …
Read articleFor first-time home buyers, entering the housing market has become increasingly difficult. According to the Canadian Real Estate Association …
Read articleBecoming a homeowner is a quintessential part of the Canadian dream; 66.5% of Canadians owned their home as of 2021, and for most of them, that property represents their largest financial asset. I
Read articlePurchasing a property in Toronto is not for the faint of heart. The average home price in the city has hovered near or above the million-dollar …
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