Should You Be Paying Your Mortgage Down Aggressively? May 12th

Interested in learning more about property mortgages in Canada? Look no further!
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Making sense of the markets this week: June 23, 2024 + MORE Jun 23rd

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. We’re building more houses—and prices are down! On Monday, the Canada Mortgage and Housing Corporation announce.... More »
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Higher renewal costs test household budgets in Ontario and B.C., says Equifax Sep 13th

Equifax reports that rising renewal costs are testing household budgets, with Ontario and B.C. most exposed, while mortgage growth remains muted..... More »
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Home Prices Heat Up Despite High Interest Rates + MORE May 1st

Some weird stuff is happening in the world of real estate. As you likely know, the Bank of Canada has steadily raised interest rates over the past year in hopes of cooling inflation. This was also supposed to cool the housing market. Conventional wisdom dictates that higher rates would result in mor.... More »
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Canadian bond yields rebound sharply, sending some mortgage rates higher + MORE Jul 2nd

After being on a downward path for the past two months, Canadian bond yields have reversed course and are once again on the rise..... More »

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 »
Last year a third of mortgage holders in Canada chose to pay their mortgages aggressively, which is to say they paid more than the amount required. And the numbers were higher for those who bought their properties after 2013. Instinctively it would make sense to pay off your mortgage as quickly as you can, to […]

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