I missed a mortgage payment. What happens now? + MORE Sep 20th

Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
 line of credit

Could a home-based business affect your mortgage? May 27th

Registering a business at your home may seem harmless, but it can raise questions for lenders, insurers and municipalities. Here’s what homeowners should know before using their home address for business purposes..... More »
mortgage

The best 5-year fixed mortgage rates in Canada + MORE Oct 8th

Mortgages The best 5-year fixed mortgage rates in Canada You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote. I’m buying a home* .... More »

Why mortgage brokers are embracing ‘digital onboarding’ and not looking back Aug 9th

For much of the mortgage industry’s history, brokers required a mountain of paperwork from prospective clients to ensure they’d actually be approved by a willing lender..... More »

Mortgage renewal strategies in today’s high interest rate environment + MORE May 10th

The current interest rate climate for mortgage brokers and their clients is dramatically different compared to just a year ago, requiring a whole new strategy when it comes to renewals..... More »

Can I afford to buy a second home? + MORE Sep 26th

There are plenty of reasons you may want to buy a second home. Maybe you’d like a second property for a family member to live in (e.g., your daughter while she attends university) or a condo to stay in during the week when you’re working downtown. But can you afford it? “Before you buy.... More »
I missed a mortgage payment. What happens now?If you skip one month’s mortgage payment, then resume scheduled payments for six months, all six of those payments may be considered late.

Continue Reading On thestar.com »

Mei and Harold are 27 and make $235,000 a year. They’re now paying $5,000 a month on their variable mortgage — and they’re getting worried‘These recent rate hikes have really affected our ability to spend and save,’ Mei explains. ‘We are concerned about how this will continue to affect our finances, and ability to plan for the future.’

Continue Reading On thestar.com »

Quebec homebuyers and mortgage brokers looking to sign documents will now be required to draw up the originals in French, regardless of whether any of the signatories speak it.

Continue Reading On canadianmortgagetrends.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!