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
Mortgage Borrowing Set a New Record in 2021 + MORE Mar 17th
The amount of mortgage debt taken on by Canadians set a fresh record in 2021, eclipsing the previous record set the year before..... More »
Mortgage interest rate hikes have stalled your home-buying dreams. Now what? + MORE Jun 12th
Being priced out of the market might just be a blessing in disguise, writes Lesley-Anne Scorgie. Bide your time by saving more and enjoying the freedom that renting brings..... More »
Bank of Canada Raises Rate by 0.25% – Is it Time to Worry Yet? + MORE Mar 8th
As predicted, the Bank of Canada raised their benchmark rate a few days ago. No surprises here. And yet, the media will make you feel like this was out of left field. Even worse, they’ll spew fear mongering dribble that the train is off then rail. That every single BoC meeting for the rest of the .... More »
Rise in bond yields could send fixed mortgage rates higher, experts say Jan 21st
A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say..... More »
Bank CEOs weigh in on “vulnerable” mortgage clients + MORE Jan 12th
Canada's Big-Bank CEOs weighed this week in on the current state of their mortgage clients, including those they consider "vulnerable" in the event of a recession..... More »
How to save on home insurance
– moneysense.ca
Affordable home insurance: Does it even exist? While home insurance is not mandatory by law, like auto insurance is, most mortgage lenders require it—and for good reason. Home insurance protects your home and personal possessions from damage or loss. Your home is collateral for your mortgage loan, and protecting it ensures that collateral retains its value; that, in turn, protects the lender in case of default, for example.
Home insurance also covers you should someone get injured on your property and for any accidental damage you may cause to someone else’s property. In short, it’s not something you want to skimp on. However, there are ways to lower your premiums by securing discounts, as well as by investing now to save in the long run. We spoke to Sonja Denobrega, vice president of personal insurance underwriting at Aviva Canada, about the basics of home insurance and striking a balance between saving money and protecting your home.
The basics of home insurance and factors that affect the cost
When shopping for good, affordable home insurance, there are three types of coverage to choose from: Comprehensive, broad and basic…
Home insurance also covers you should someone get injured on your property and for any accidental damage you may cause to someone else’s property. In short, it’s not something you want to skimp on. However, there are ways to lower your premiums by securing discounts, as well as by investing now to save in the long run. We spoke to Sonja Denobrega, vice president of personal insurance underwriting at Aviva Canada, about the basics of home insurance and striking a balance between saving money and protecting your home.
The basics of home insurance and factors that affect the cost
When shopping for good, affordable home insurance, there are three types of coverage to choose from: Comprehensive, broad and basic…
