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.
Define Prime Rate
What does “prime rate” even mean? In this post, we define “prime rate” in Canada and talk about what that means for home buyers.
What Kind Of Rate Should I Choose?
Let’s talk about the difference between a fixed and a variable rate, and what is the best choice for you.
Blended Rate
What is a blended rate? And how is it different than a fixed or variable rate? In this post, we talk about the differences.
Variable Rate
WHAT’S THAT? VARIABLE RATE? An adjustable rate may be right for you. Last time around we talked about fixed interest rates. In our simple example we borrowed $100 for a year, and paid 4.0% interest (or $4) to do so. The total amount owing after 12 months was $104. Variable rate mortgages on the other…
Fixed Rate
What does “fixed rate” mean? In this post, we talk about what this might mean to a home buyer