I need to lower my monthly mortgage payments. Is extending my amortization period a good idea? Nov 16th

Interested in learning more about property mortgages in Canada? Look no further!
Latest News

Latest in mortgage news: OSFI head applauds lenders’ efforts to shorten amortization lengths + MORE Apr 3rd

OSFI says it is encouraged by the progress Canadian lenders have made in reducing amortization lengths of the mortgages within their portfolios..... More »
 finance

Where to Buy Real Estate in Canada 2026: Calgary  + MORE Apr 30th

When most people think of Calgary, they picture cowboys and oil. They’re not wrong, but they’re about a decade behind. Since 2018, Calgary’s tech sector has grown by 78%.  The city’s food scene spans everything from Ethiopian and Korean spots to farm‑to‑table restaurants,.... More »
 bank mortgage

Making sense of the Bank of Canada interest rate decision on March 12, 2025 + MORE Mar 13th

Today marks the seventh cut in a row for Canada’s benchmark borrowing rate, as our central bank does what it can to pad against tariff threats and possible recession.  The Bank of Canada (BoC) lowered its overnight lending rate—which lenders use to set their prime rates, and, by extensio.... 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 »
 mortgage buyout

How to build credit history in Canada + MORE Jun 30th

A credit history is a person’s track record of using credit (borrowing money) and repaying debt. Your credit history can affect many aspects of your financial life—from getting approved for a credit card or renting an apartment to taking out a mortgage or a car loan, among other things. In some .... More »
I need to lower my monthly mortgage payments. Is extending my amortization period a good idea?An extra five years might not seem like much, but the difference can be startling, says one expert.

Continue Reading On thestar.com »

Share

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