Refinancing Part 1- When Would You Consider Refinancing?

Have interest rates fallen? Or do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch into a different type of mortgage? The answers to these questions will influence your decision to refinance your mortgage. But before deciding, [...]

5 Reasons to Rent-to-Own Vs. Renting

When it comes to big decisions in your life, buying a home is probably one of the biggest.  There will be many factors that will determine whether or not you will be able to purchase a home and get your own mortgage today.  If you can’t, there are alternative options to renting.  Yes, rent-to-own.  Although  [...]

Canada’s Big Banks Raising Residential Mortgage Rates

Several of Canada’s big banks are raising most of their fixed-term mortgage rates ahead of the busy spring real estate market. TD Canada Trust (TSX:TD) TD said the biggest increases will be for mortgages with terms of five to 10 years, which will all go up by 0.35 percentage points starting Tuesday. The move was [...]

10 Mistakes Buyers Make – How to Avoid Them

Looking to buy your first home?  It can be one of the most significant decisions of your life.  Be sure you are properly educated and are making the right moves to ensure that your house or condo is both a comfortable place to live but also a great investment for your future.  These tips can [...]

Mortgages: Take Them or Leave Them

By Garry Marr, Financial Post It’s hard to imagine, but there was a time when the mortgage on your home was something a buyer wanted to take off your hands. But who can remember the 1980s and double-digit inflation, when a single-digit mortgage rate was gold? I was just a teenager then and the mortgage [...]