Mortgage Strategies

The stories found here are focused on providing mortgage tips and strategies to help you achieve your goals. Whether that be saving interest, increasing your cash flow, limiting potential mortgage penalties, we’ve got you covered.

A 4.99% mortgage is providing short-term relief to borrowers…but what’s the catch?

December 1, 2023 No Comments

Some new and innovative mortgage products have recently emerged to help Canadians manage the current high interest rate environment, perhaps most talked-about being True North Mortgages 1-year 4.99% fixed rate term.

Private mortgages: what brokers need to know

October 25, 2023 No Comments

While private mortgage providers may offer higher interest rates, they can be an attractive option for homebuyers unable to secure financing through A lenders.

Why I reversed my thoughts on reverse mortgages

October 12, 2023 No Comments

Reverse mortgages have long been a financial product shrouded in misconception, both for consumers and financial mortgage professionals.

A closer look at self-employed homebuyers

September 26, 2023 No Comments

As Canada’s housing market continues to grow, self-employed homebuyers have emerged as a segment that simply cannot be ignored.

Home appraisals: Buyers bear the cost, but who owns the report?

September 25, 2023 2 Comments

Even though prospective homeowners usually pay for their home appraisal, many remain unaware that they typically won’t receive a copy of it.

Co-ownership on the rise: How Canadians are responding to housing affordability challenges

September 18, 2023 No Comments

more Canadians are now turning to co-ownership as a means to combat housing in-affordability.

Is the CHIP Reverse Mortgage in your lending portfolio? Here’s why it should be

May 31, 2023 1 Comment

To continue growing their business, savvy brokers will need to expand their product offerings and offer lending solutions that meet their clients’ changing needs. The CHIP Reverse Mortgage by HomeEquity Bank is a solution that is tailor-made for the shifting economic climate.