Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Contribute to RRSP or pay off mortgage? + MORE Oct 14th
Ask MoneySense
We have a small mortgage, only $80,000, coming up for renewal. We have some money (approximately $25,000) that we can either put on the mortgage or invest or put into our RRSP. What is the best way to go?
—Linda
Which should Canadians prioritize: RRSP or mortgage?
Most of .... More »
Managing debt to build wealth + MORE Aug 23rd
It’s an eyebrow-raising trend: non-mortgage delinquencies have reached levels not seen since 2009, according to a report by Equifax, one of the three largest consumer credit reporting agencies. Specifically, 1.4 million people in Canada have recently missed a credit payment.
But it’s no.... More »
The best life insurance in Canada: your complete guide + MORE Sep 14th
Wondering how to get the best life insurance in Canada for you and your family? You’re not alone. The pandemic has shown Canadians that we are not invincible. In fact, a 2021 survey found 44% of us bought or now plan to buy life insurance because of the effects of COVID-19. But not everyone is con.... More »
I have a home equity line of credit and rates are heading up fast. Am I in trouble? + MORE Apr 19th
If rates keep rising, your monthly interest payments could almost double. But there are some things you can do to protect yourself..... More »
Homeowners, realtors should take steps to protect against title fraud: experts Mar 19th
It's been years since you finished paying off your mortgage, so the letter in the mail from a bank saying you're in default and now owe money comes as a shock..... More »
Latest in Mortgage News: Homeownership Becoming a “Pipe Dream” for Millennials
– canadianmortgagetrends.com
A growing number of millennials are resigning themselves to the fact that homeownership may be out of reach for them, according to a new poll. Nearly three quarters (72%) of millennials say they have a goal of owning a home, but nearly half (46%) admit that goal is a “pipe dream,” according to the KPMG […]
