The best 5-year fixed mortgage rates in Canada + MORE May 28th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Mortgage Digest: Arrears rise to highest level since 2020, but remain low overall + MORE Jan 23rd

Canada’s mortgage arrears rate edged higher again in October, rising to 0.25% of all residential mortgages, the highest level since 2020, according to the Canadian Bankers Association..... More »

The complete guide for first-time home buyers in Canada + MORE Mar 28th

Buying your first home is an exciting experience, but it can also be an overwhelming one—especially if you’re not sure where to start. That’s why we’ve outlined some simple steps that anyone shopping for a home should take, from figuring out what you can actually afford to getting pre-approv.... More »

Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop + MORE Feb 17th

Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country's Big 6 banks..... More »
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Beyond home prices: What the new CMHC affordability index reveals about Canada + MORE Apr 24th

Take a look at just about any housing affordability index in the country and you’ll notice something pretty quickly: they almost always focus exclusively on home prices and mortgages. Rental units simply aren’t included. The Canada Mortgage and Housing Corporation (CMHC) has acknowledged this.... More »

Can a first-time home buyer have a mortgage co-signer? + MORE Sep 17th

If you’re in the market for your first home but need help coming up with the financing, you do have some options, including asking someone to co-sign the mortgage. Involving a third party is probably not what you envisioned for home ownership, but recent interest rate hikes and rising real estate .... More »

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The best 5-year fixed mortgage rates in Canada
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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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Srivindhya Kolluru: Some experts say mortgage rates could drop next year. Is it time to go short term?Data and mortgage brokers find more people opting for shorter term locked-in rates in anticipation of a possible decline in interest rates.

Continue Reading On thestar.com »

With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years.

Continue Reading On canadianmortgagetrends.com »

Single mom Adelaide has $22,000 in line-of-credit debt — here’s how she learned to dig her way outIf she cannot chip away at her line of credit, says financial expert Jason Heath, it is going to hold Adelaide back from financial freedom in the future.

Continue Reading On thestar.com »

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