What Are The Different Types of Mortgages in Canada?

types of mortgages

What Are The Different Types of Mortgages in Canada? What Are The Types of Mortgages Available in Canada? Different types of mortgages options exist in Canada. To gain insights into these choices, understand which might suit your circumstances, and acquire more information, continue reading. Although the five-year fixed-rate mortgage is popular in Canada, the landscape […]

How to Prepare For a Mortgage Renewal in 2024

How to Prepare For a Mortgage Renewal in 2024 If you’re gearing up for your mortgage renewal in the upcoming months, prepare for some financial considerations. Make the process smoother by exploring different options and clearly understanding what’s available. Don’t let the renewal catch you off guard—be proactive and informed! The pandemic brought rock-bottom mortgage […]

Frequently Asked Questions About Home Inspection in Canada

Frequently Asked Questions About Home Inspection in Canada Many people consider getting a home as one of the most significant life decisions as well as one of the most important things you’ll ever buy. That’s why checking the home thoroughly is super important. In Canada, people often have questions about home inspections. This article will […]

What are the Steps When Buying a Home in Canada?

What are the Steps When Buying a Home in Canada? It is not a surprise that most Canadians consider buying a home in Canada as major component of their life goals. Becoming a homeowner in Canada is an outstanding achievement but is also accompanied by many responsibilities. When you’re buying a house in Canada, it’s […]

Is a 30-year Mortgage The Right Choice For You?

Is a 30-year Mortgage The Right Choice For You? Extending the term of your mortgage can increase the loan amount you are eligible for and offer flexibility in your financial plan. Discover how to determine if a 30-year home loan is the best fit for your needs. Opting for a 30-year mortgage plan in Canada […]

What is Accelerated Mortgage Payments

What is Accelerated Mortgage Payments Accelerated payments have become a popular method among Canadians to pay off their mortgages before the end of the amortization period. On average, it takes Canadian households around 20-25 years to own their homes and pay off their mortgages. Nevertheless, couples can use various means such as a salary increment, […]

Homebuyer Guide for First-Time Homebuyers in Canada

Homebuyer Guide for First-Time Homebuyers in Canada One of the most important decisions you will ever make is buying a home, and we are eager to support you while you do so. You might find it intimidating, but once you’re done reading, you’ll know everything there is to know about home ownership. What to Know […]

7 Valuable House Hunting Tips for Canadians

7 Valuable House Hunting Tips for Canadians Discover all the areas that house inspectors recommend you pay particular attention to, from the roofing shingles to the foundation. Tips for Finding Your Dream House in Canada Each person has a vision of their ideal home, which is in a desirable location, has all of the required […]

How The Smith Maneuver Works in Canada

How The Smith Maneuver Works in Canada As a homeowner in the US, you can rejoice in the fact that you can claim the mortgage interest you pay on your primary residence on your taxes. This is a great way to lower your taxable income and save some money. However, if you own a home […]