How to Determine the Best Mortgage Term
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
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
Before you begin exploring the wide array of available homes, your most strategic move is to connect with a Mortgage Professional. A Mortgage Professional at
At some point, most Canadians consider whether renting or buying a home is the right move for them. It’s a personal decision that depends on