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Mortgages

Bank of Canada sign at its office building in Ottawa

News

Bank of Canada lowers interest rate again and may change pace of next cuts

The central bank’s third consecutive rate cut brings key interest rate down to 4.25%.

Bank of Canada lowers interest rate again and may change pace of next cuts
A rural home purchased at a five-year fixed mortgage rate

Mortgages

The best 5-year variable mortgage rates in Canada

Five-year variable-rate mortgages offer potential cost savings to buyers who can manage changes in market interest rates. Here’s how...

The best 5-year variable mortgage rates in Canada

Retirement

How does a reverse mortgage work in Canada?

A reverse mortgage advances you funds from a house you own. Find out if this option is right for...

How does a reverse mortgage work in Canada?

Mortgages

What is porting a mortgage in Canada—and when should you do it?

While there are many factors to consider, porting a mortgage makes the most sense when your existing mortgage rate...

What is porting a mortgage in Canada—and when should you do it?

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Applicant asks why mortgage renewal at her bank was denied

Mortgages

What happens if your mortgage renewal is denied?

Many home owners are experiencing “rate shock” upon renewal—and in some cases, getting turned away by their lender. Here’s...

What happens if your mortgage renewal is denied?
senior couple on balcony of home

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Why a reverse mortgage should be a last resort for most Canadian retirees

Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...

Why a reverse mortgage should be a last resort for most Canadian retirees
Two young sisters hugging in a cardboard box after moving into a new home

FHSA

Can you use the FHSA and HBP together?

Can you use the FHSA and HBP together?
Canadian family watching movies at home.

Mortgages

The after-effect of market lows: a drop in fixed mortgage rates

Some investors might look at their portfolios, but Canadians getting a mortgage (or renewing one) should keep an eye...

The after-effect of market lows: a drop in fixed mortgage rates

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A woman uses her laptop while sitting at a desk

Mortgages

Mortgage renewal calculator

Is your mortgage coming up for renewal soon? Use this tool to figure out if switching lenders could save...

Mortgage renewal calculator

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