Things to Consider Before Purchasing a Second Home
Homeownership is a big step, and when you have secured your first home, and are looking to build further equity, the notion
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How Your Debt Affects Mortgage Approval
There are several factors a lender will consider when reviewing your mortgage application. Your interest rate and even your approval are largely
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Penalties for Breaking A Mortgage, and How to Deal With Them
In Canada, the average mortgage term is 5 years. This is the amount of time that a certain agreement is valid, and
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How is a Mortgage Rate Calculated?
For many Canadians, their mortgages are the largest investments they will ever manage. Few ventures come with the caveat of costing as
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Determining Your Down Payment Amount
Before you can start calculating your monthly mortgage payments, you need to know how much money you are going to put down
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Conditional Offers
As a buyer, you are taking a risk by purchasing a home you know very little about except for what’s written in
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Homeownership After Bankruptcy: Is it Possible?
It’s been a couple of years now since you had to make the difficult choice to file for bankruptcy. You lost so
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Basics of Home Equity
If you’re a homeowner, or will be, you’ve likely been told that you need to build home equity. This term gets thrown
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The Cost of a Mortgage: Know What You’re Paying For
Unless you’re lucky enough to have an enormously rich relative to buy you a home outright, chances are you’re saving up for
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Breaking Down CMHC Mortgage Loan Insurance
You’re ready to put your money down on a new home and suddenly your lender comes back at you demanding an extra
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