Mortgage terms explained. Open mortgages, closed mortgages, variable mortgages, oh my! All of the mortgage terms out there are enough to make your head spin.

What is a mortgage transfer? A mortgage transfer is when you take your existing mortgage and transfer it to a different lender. You must keep

3 Reasons you should use a mortgage broker vs going to your bank: 1. Better Rates – Because lenders compete for our business, we get

Many retired Canadians have been where you are, and many of them were able to turn around their fortunes with the CHIP Reverse Mortgage. This

Property Tax Surprises There are two ways property taxes can surprise you on your closing date. 1) The seller may have already paid property taxes

Today’s central bank announcement At 10am eastern, the Bank of Canada made its seventh interest rate decision of the year. Of equal importance, the Bank

Down payment – if your source of down payment comes from your savings or investments please note that lenders need to see 90 days history

Bank of Canada announced they were staying the interest rate and no changes made. That interest rate is connected to hone equity lies of credit

What to expect? As mortgage brokers and realtors have been determined an essential service we will be continuing to do our best to serve clients

Mortgage Stress Test change The Canadian Department of Finance has announced that as of April 6th we will see a change to the current mortgage