Market Monitor

HELOC vs mortgage: Everything you need to know

There are approximately 3 million HELOC accounts in Canada with an average outstanding balance of $70,000—and many Canadians with a HELOC can expect their borrowing cost to increase this year with rising interest rates looming.

Mortgages, on the other hand, are obviously much more wi[…]

Finding the best mortgage broker in Calgary

A mortgage broker in Calgary should look out for your interests when you’re buying a home, renewing or refinancing your mortgage. Your broker helps you secure mortgage financing by presenting you with the mortgage options that make the most sense for you.

How to find the best mortgage broker in Ottawa

When you want to take out a mortgage, your first stop will most likely be your local bank branch. While there’s nothing wrong with it being your first stop, it shouldn’t be your only stop. If you’re doing that, you’re potentially leaving thousands of dollars on the table in interest savings.

Finding the right mortgage broker in Toronto

Mortgage brokers, otherwise known as mortgage agents, act on behalf of a borrower seeking mortgage financing for the upcoming purchase of a home. They are there essentially to provide home financing options and facilitate the overall mortgage procedure.

Buying a home in Canada: Everything you need to succeed

There’s nothing better than to have a home to call your own. Home is where you make a life for yourself with the people you love. It’s where you create wonderful and unforgettable memories together. It is also the best place to start building the foundations of your bright future.

Refinancing a Mortgage in Canada: Your Step-by-Step Guide

For homeowners, there may come a time when refinancing mortgages of their properties will be something they will have to do. The Canadian Mortgage and Housing Corporation (CMHC) describes