Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Mortgage brokers are a highly regulated specialized alternative to Canada’s big banks. But what is a mortgage broker exactly? And, When it comes to the purchase of your home, why would you choose a broker over a mortgage specialist at your bank? Get the mortgage rate that works for you.Fin.... More »
Conventional wisdom may lead you to believe that if you have bad credit, you should swear off credit cards. But if you want to improve your credit score, you’ll have to show you can handle credit responsibly—and the only way to do that is (you guessed it) to have a credit card. When used properl.... More »
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 forces, to give them an edge. In about three months—January 10, 2022—that will change, the company says. “We’ve been talking about it in a meaningful and strategic way for the last […]