What happens when you switch to a fixed rate from a variable?
On October 24th, the Bank of Canada announced an increase of 0.25 percentage points to their overnight rate. With more increases predicted in 2019, many variable rate mortgage holders are wondering if now might be the time to lock into a fixed mortgage. So what...
Here are some Home Equity Mortgage Options
If you’ve been a homeowner for some time now, chances are your property value has increased significantly over the past several years. Life changes, things happen, and sometimes we find ourselves with more things to do than money in our pockets. So if you have...
3 Things You can do to Get Rid of Your Mortgage
Mortgages are a strange animal. On one hand, mortgages empower home ownership. On another hand, they represent a huge amount of debt. For most of us, it’s the biggest debt we’ll ever have. So while we work hard to qualify for a mortgage, once we have it, we should...
7 Questions to Ask About Your Mortgage
Summer is ending, and for many of us, we’re already back to a daily routine with holidays over and children back to school. September has traditionally been a mortgage check-up month. Time to have review your mortgage, assess your current situation, see what...