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Mortgage Terms

Mortgages

How much income do I need to qualify for a mortgage in Canada?

How much income do I need to qualify for a mortgage in Canada?
Calculating cost savings on a 3- vs. 5-year mortgage

Mortgages

3-year versus 5-year mortgage: How to choose your term

Interest rates are still high but set to come down, which is a key factor in picking a mortgage...

3-year versus 5-year mortgage: How to choose your term
Real estate investor in apartment neighbourhood

Real Estate

Home buyers’ alert: Terms you may not know, but should

Understanding industry jargon can make you a better real estate investor.

Home buyers’ alert: Terms you may not know, but should
A woman stresses over an important financial decision

Mortgage Terms

Now’s not the time to switch to a fixed-rate mortgage

As interest rates climb, variable mortgage rate holders may start to panic. Here’s why you should avoid the temptation...

Now’s not the time to switch to a fixed-rate mortgage

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A couple hold the keys to their new home

Mortgage Terms

Why the mortgage stress test isn’t the villain it was made out to be

The mortgage qualifying tool has been subject to plenty of criticism. However, with rising interest rates, it may be...

Why the mortgage stress test isn’t the villain it was made out to be
An aerial view of a rural home

Mortgage Terms

Forget the burbs—should home buyers “fly until they qualify” for a mortgage?

With Canadian home prices soaring outside of urban centres, you may be questioning the mantra “drive until you qualify.”...

Forget the burbs—should home buyers “fly until they qualify” for a mortgage?

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