Reverse Mortgages – What Are They?
Reverse mortgages are designed specifically for Canadian homeowners who are 55 years old or older and have concerns about their financial position.
Mortgage Renewal Rates – Insured, Insurable, And Uninsured Mortgages
The mortgage renewal rate you qualify for varies depending on the mortgage you have. We’ll explain insured, insurable, and uninsured mortgages and the differences and rates available to you at mortgage renewal time.
Mortgage Default Insurance
Insurance required or offered when you get a mortgage can be confusing. In this post, we explain the different kinds.
What Is The Difference Between A Conventional Mortgage And A High Ratio Mortgage?
Learn the difference between a conventional mortgage versus a high ratio mortgage, and how mortgage default insurance comes into play.
Posted Vs Prime Rate – October 1973 to May 2017
Comparison graph of the average posted versus prime rate over the past 40 years based on Bank of Canada, Data and Statistics office.
First Time Home Buyers And New Mortgage Rules – What Does It Really Mean?
Rules, rules, rules. Let’s have a look at how the New Mortgage Rules of October 2016 may impact you and what do they really mean
Two Year History Explained
When applying for a mortgage lenders may require a two year history on your income.
Condo Fees, Financial Statements, And Special Assessments
In this blog we’ll review condo fees, the importance of healthy condo association financials and what special assessments are.
What Is A Monoline Lender?
In this post we’ll share some information on Monoline Lenders and why they may be your best choice.
Keeping You In The Loop With Collateral Mortgages.
Here is another example of collateral mortgages and the fine print.