Blog
How Reverse Mortgages Can Fit Your Retirement Plan
If you want extra cash in retirement without selling your home, a reverse mortgage can be one way to use your home equity. This tool
Blog
Bank of Canada Holds Rate at 2.25%
The Bank of Canada interest rate announcement today came as expected: the central bank kept the overnight rate at 2.25%. This was the first official
Blog
What Current Interest Rates Mean for Homeowners and Buyers
The Bank of Canada is keeping its key rate at 2.25%. That means borrowing costs aren’t changing for now. If you have a variable-rate mortgage,
Blog
Pre-Approval in Today’s Market: A Straightforward Guide
Getting mortgage pre-approval in 2025 is different from even a few years ago. Lenders have updated their requirements, technology plays a bigger role, and the
Blog
A Quick Guide to Down Payment Rules in Canada
When you’re buying a home in Canada, your down payment is one of the biggest upfront costs. It’s the amount you pay out of pocket,
Blog
Why Putting 20% Down Makes a Difference
A 20% down payment can make a real impact on your mortgage. It lowers your monthly costs and puts you in a stronger financial position
Blog
How to Negotiate a Better Mortgage Renewal Rate
When your mortgage term is up, your lender will likely send you a renewal offer. But don’t just accept the first one. You have the
Blog
Weighing the Benefits and Risks of a Reverse Mortgage
A reverse mortgage is a financial tool that can provide extra income during retirement, but it’s not the right choice for everyone. It allows you
Mortgage Resources
How to Save for a Down Payment
Owning your own home has a lot of payoffs, especially these days when mortgage rates are still among the lowest in 30 years. There are
