Preparing for a rate hike

Interesting article from Rob Carrick – the rate hikes are coming our way in 2017 and the most important message is that you should start planning now to prepare for changes in cash flow –  if more of your monthly cash flow is going to your mortgage, it...
Why use a Mortgage Broker?

Why use a Mortgage Broker?

Ten great reasons to use a mortgage broker For many Canadians, mortgage payments are their single biggest expense. Yet most don’t comparison shop to ensure they’re getting the best mortgage rate and terms available, which can cost tens of thousands of dollars over...
Fixed or Variable-Rate Mortgage?

Fixed or Variable-Rate Mortgage?

Right now, the lowest available rate – and the one that makes the rate sign look great from the street – will be for a variable mortgage. With a variable-rate mortgage, your mortgage rate will move in conjunction with your lender’s Prime lending rate, which in turn...
Which Mortgage Features are the most important?

Which Mortgage Features are the most important?

Which mortgage features are the most important? It’s easy to look online for a mortgage rate. But rate is only one aspect of saving money on your mortgage over the long term. It’s essential that you also consider mortgage features. Here are the big ones – Early Payout...