Market Monitor

Finding the right mortgage broker in Vancouver

A mortgage broker is supposed to work on your behalf to secure the mortgage financing you’re looking for when purchasing a property, renewing your mortgage or refinancing your mortgage. Your broker plays an important role in the home-buying process. He should assess your finances and help present you with the mortgage financing option best suited to your needs.

The theater of selling your home

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[…]

Whatever happened to large condos? They had a purpose!

What’s important to empty-nesters

Types of mortgages in Canada and how they apply to you

Before deciding the types of mortgages that may be right for you, you’ll have to make another important decision – the type of lender you’d like to work with.

In Canada, there are three main types of lenders: A lenders (banks, credit unions an[…]