Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
How much does life insurance cost in Canada? + MORE Mar 23rd
Life insurance is often touted as the financial safety net we all need, but what if it’s an added expense you’re not sure you can afford? If that’s your thinking, you’re far from alone—a 2019 study showed that most Canadians are underinsured, with 49% having never purchased life insurance.... More »
Fixed mortgage rates in Canada resume their decline amid economic volatility Feb 5th
After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down..... More »
Mortgage Brokers Get TD’s HELOC, At Last Oct 8th
After well over a decade in the market, TD is finally bringing its popular marquee product to brokers: the TD Home Equity FlexLine HELOC. Mortgage brokers have been bugging TD business development managers for this product for years. Until now, the bank has reserved HELOCs for its proprietary sales .... More »
How Else is My Credit Score Used? + MORE May 3rd
This series by personal finance specialist Amanda Reaume focuses on how to improve something that many people overlook: your credit score. These posts will give you tips and tricks to improve your chances of getting approved for better rates when you apply for credit – leading to better student l.... More »
NEW CMHC Restrictions: New Rules for Low Ratio Mortgages + MORE Jun 7th
It seems hardly a week goes by this spring without a new announcement from Canada Mortgage and Housing Corporation – another slew of changes were announced today, targeting multi-unit developers and low-ratio mortgage borrowers.
What are the New Changes for Mortgage Borrowers?
As of July 31, .... More »
My four best money-saving rules: Roseman
– thestar.com
Paying yourself first is a powerful strategy, as I learned after retiring my mortgage. Here are more financial truths that can set you free.
