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My Mortgage Blog — Latest Posts
Mortgage Interest Rates in the COVID-19 Economy
Mortgages and interest rates are still talked-about topics in the current economic climate. Here’s a recap. In January 2020, just prior to the pandemic surfacing in Canada, a five-year fixed...
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The Health Crisis and Your Mortgage
A lot has changed in the last few weeks, much of it unsettling. The current COVID-19 health crisis has created some level of uncertainty among the population and a lot of unknowns. So, here’s a...
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Myth Busters! Does Changing Your Payment Frequency Save Money on Your Mortgage?
On almost every new mortgage I complete I get asked this question, my friend told me that if I do biweekly payments or weekly payments, I’ll save thousands of dollars in interest vs monthly payments....
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Recent changes may be good news for homebuyers
We’ve had back-to-back changes recently in the mortgage world – one direct, one indirect. The benchmark rate used to qualify will change downwards starting April 6, 2020, and the Bank of Canada...
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