Making Your Mortgage Interest Tax Deductible
For US homeowners, mortgage interest is automatically tax deductible. But for Canadians, the write-off is not so straightforward. In order to make your mortgage interest
For US homeowners, mortgage interest is automatically tax deductible. But for Canadians, the write-off is not so straightforward. In order to make your mortgage interest
The question of whether it’s better to lease or buy a vehicle is a common dilemma. And do you buy or lease a new or
Choosing the mortgage term that is right for you can be a challenging proposition for even the savviest of homebuyers. By understanding mortgage terms and
Canadians purchase homes for a variety of reasons. Some want the stability of owning their own home, while others also look at home ownership as
With interest rates sitting at “emergency” levels – low rates never before seen by your parents and even your grandparents – now is an ideal
Hybrid mortgages – also known as 50/50 mortgage products – include an equal mix of fixed-rate and variable-rate components within your single mortgage. This means
If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more
Choosing between a fixed rate vs variable rate mortgage is a key decision. Your choice depends on your risk tolerance. It also depends on your
While No-Frills mortgage products typically offer a lower – or more discounted – interest rate when compared with many other available products, the lower rate
While the lending industry’s benchmark amortization period is 25 years, and this is the standard that is used by lenders when discussing mortgage offers, and