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Just because someone can afford a variable-rate mortgage today doesn’t mean they can afford it if rates rise. That’s why...
Teaser rates are typically used as a hook to catch new business. (Although they also have a useful purpose we’ll...
People often think an approval and a 120-day rate lock assures them of financing. That’s not exactly the case. A...
We’ve heard stories lately about mortgage reps issuing blanket warnings to homeowners about variable rates. The claim is that market...
CRE Magazine did a short overview on private mortgages. Among its notable points: Private lenders look primarily at the quality...
The Globe & Mail ran a story Tuesday about variable-rate mortgages. It suggested homeowners are shunning them due to the...
Lenders like National Bank and Canadian Tire have been attracting a lot of business lately thanks to their 4.00% variable...
If you have a high-interest debt problem you need to change your lifestyle first. After you’ve committed to that, and...
Here’s a few helpful resources for those who like to follow mortgage-related yields… 5-year bond yields: TSX Money 30-day bankers...
Each year hundreds of thousand of Canadians renew their mortgage by signing the renewal form their lender mails out. They...