Globe and Mail Columns

Mortgagors incur borrowing costs on three occasions: At origination (i.e., closing costs) During the term (payments and misc. fees) At discharge (penalties, discharge fees, etc.)

This week’s Globe column takes a look at 5% downpayments. With some basic assumptions (but no predictions), we paint a hypothetical picture of the risks

A typical mortgage specialist or broker hears the question, “What’s your best rate?” hundreds of times a year. What they don’t hear quite so often