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Almost all Canadians wish to pay their mortgage early. After all, the residential mortgage debt is usually the most significant liability an individual faces for 25 years. Fortunately, accelerated payments rescue the homeowners, reducing the mortgage term by thousands of... View Article
For homeowners in Canada, the decision to relocate often comes with the additional consideration of how to best manage their mortgage debt. The options are either to port the existing mortgage to the new property or break the current mortgage... View Article
One question that first-time home buyers consider is, “Is mortgage insurance something that I need?” Many people misunderstand mortgage insurance, but it’s imperative in the Canadian housing market. Every buyer must know where it’s needed, who pays for it, and... View Article
There’s an undeniable financial shift in Canada. In 2025, many Canadians will see mortgage rates increase due to economic pressures and policy changes. Household budgets have become strained from significant payment increases, and 1.2 million fixed-rate mortgages are up for... View Article
There is a historical appeal to variable-rate mortgages due to their low initial costs, but this trend is not evident in 2025. Canadians have instead shifted their focus to fixed-rate mortgages, but why? With the economy rapidly changing, Canadians have... View Article
Stepping into private mortgage lending can feel confusing and, at times, difficult. You’ve got to stay sharp when it comes to paying it back, and that all kicks off with getting a handle on recourse versus non-recourse mortgages. These terms... View Article
Mortgage brokers act as intermediaries in the real estate financing industry. Borrowers search for financing opportunities, whereas lenders look for investment opportunities in an applicable mortgage. Successful brokers balance the competing interests of the two groups: Borrowers want access to... View Article
With the real estate market evolving, investors are searching for more ways to grow capital. Syndicated mortgages have emerged as a way to invest in large development projects without buying a property and provide high returns with real estate security.... View Article
A Home Equity Line of Credit (HELOC) is great for homeowners seeking more flexible funds. If you are improving your home, consolidating debt, or facing other expenses, a HELOC lets you borrow money using your property’s equity. Flexibility aside, every... View Article
If homebuyers are looking for properties with value beyond conventional lending limits, they would need a jumbo mortgage. Jumbo financing can appear daunting because of the high amounts and stringent requirements. Even so, the instrument remains necessary for high-value financing.... View Article
