3.4 million Canadians will renew their mortgages by 2025: Royal LePage – Financial Post + MORE Oct 26th

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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Tools to calculate your mortgage payments and costs in Canada Nov 1st

Owning real estate is a goal for many Canadians, and while it can be a rewarding investment, it comes with financial responsibilities that you must carefully manage. First and foremost, you need to be able to calculate your mortgage payments, down payment, penalty fees and other costs. Onli.... More »
 home loans

Ontario review recommends expanding lender access for Level 1 mortgage agents + MORE Feb 7th

Finance ministry report adopts key industry recommendations and could expand where Level 1 agents can place insured mortgages.... More »
 loan

EQB sees impaired loans double in Q2, but expects improvement ahead + MORE Jun 5th

Alternative mortgage lender EQB saw a rise in gross impaired loans in the second quarter compared to a year ago, but highlighted recent improvements and expects losses to stabilize going forward..... More »
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As expected, rates are beginning to fall + MORE Jul 17th

Some good news on mortgage rates… Mortgage Brokers are receiving good news this week from many financial institutions.  Wholesale fixed mortgage rates are falling.  Great news for anyone buying, refinancing or renewing their mortgage in the near future.   The news co.... 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 »
3.4 million Canadians will renew their mortgages by 2025: Royal LePage  Financial PostSurvey finds Canadian homeowners fret over mortgage renewals  Toronto StarMortgage renewal: New survey says many concerned about rising interest rates  CTV News OttawaInterest rates: Housing crisis is a top voting issue for Canadians | TREND LINE  CTV News45% Of Canadians Find Paying Mortgage, Rent To Be Difficult  StoreysView Full Coverage on Google News

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Private mortgages: what brokers need to know

– canadianmortgagetrends.com

While private mortgage providers may offer higher interest rates, they can be an attractive option for homebuyers unable to secure financing through A lenders.

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Equitable Bank has announced that, in partnership with a third-party lender, it is introducing a new 40-year amortization mortgage product.

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Reducing capital gains on a cottageGot questions about capital gains tax and cottages? Here are three MoneySense reader questions answered by Certified Financial Planner Jason Heath.

Capital gains and cottages questions
How naming beneficiaries can affect taxes and probateUsing renovations to lower capital gains taxReducing capital gains on the sale of a cottage

You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quote*I’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.

Tax, probate, and underused housing tax for your family cottage

Planning to leave the family cottage to your kids in your will? Here’s how to minimize capital gains tax as part of your estate planning.

By Jason Heath, CFP on October 23, 2023

Ask MoneySense
My father-in-law was convinced by his local accountant that the family cabin would not be taxed upon his and his wife’s deaths, because he had put all three of his children’s names on the ownership title…

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