Mortgage up for renewal? Read this first + MORE May 9th

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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 property

Should you get a fixed or variable-rate mortgage? Why the usual advice may no longer apply Mar 17th

After more than a decade of variable rates coming out on top, experts say fixed mortgage rates may have hit bottom and are already starting to climb..... More »
 loan

Is your mortgage up for renewal during the pandemic? Here’s what you need to know Sep 8th

First things first: If you’re staying with your existing lender, then you typically don’t have to requalify..... More »

Reverse mortgages are booming amid Canada’s turbulent rate environment + MORE Jan 31st

High rates haven't stopped Canadians from tapping their home equity by way of reverse mortgages..... More »

Most mortgage borrowers to see payments rise 34% to 54% vs. early 2022: Bank of Canada + MORE Dec 22nd

If you had a mortgage as of February 2022, chances are you will be facing a payment increase before the end of 2025..... More »
 loan

AKAL launches AKAL Canada brand to drive national expansion Sep 25th

After 25 years training brokers in Ontario, AKAL Mortgages is extending its model across the country with the launch of AKAL Canada..... More »
Canadian banks’ mortgage-rate increases could trigger rise in qualifying rate, analysts sayThe central bank’s conventional mortgage five-year rate, which is updated weekly, was 5.14 per cent as of May 2.

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Mortgage up for renewal? Read this firstNew mortgage rules and higher interest rates may make it more difficult for you to renew your mortgage.

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