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A total of three rate cuts passed down from the Bank of Canada since June have cumulatively lowered the cost of borrowing for Canadians by 75 basis points,…
Read more Why are mortgages so expensive in Canada? – MoneySenseFor those in that position, as well as those whose mortgages expire in the next 12 months, it’s best to go into the renewal process armed with knowledge…
Read more Renewing your mortgage? A guide for Canadians – MoneySenseBut picking a fixed mortgage rate can be problematic if you decide to sell your house and are forced to break your mortgage contract in the middle of…
Read more What is porting a mortgage in Canada—and when should you do it? – MoneySenseWhether or not a variable-rate mortgage is a good option for you depends largely on market fluctuations. Rates for this type of mortgage are typically lower than those…
Read more 3-year versus 5-year mortgage: How to choose your term – MoneySense
