A guide to bridge loans in Canada—how they work, their conditions, and how to avoid needing one.
All tagged Mortgage
A guide to bridge loans in Canada—how they work, their conditions, and how to avoid needing one.
It depends if you’re looking at fixed or variable rates.
Rate movement likely paused until the Bank sees clearer signals.
Inflation & global uncertainty will likely lead Bank to hold steady
Record-low mortgage rates have made it increasingly attractive to refinance your mortgage at a lower rate
Not sure whether to trust the Bank? What about a Mortgage Broker? We believe the benefits of using a mortgage broker are greater than going directly to a bank (or credit union).
Compensation for mortgage brokers is typically a percentage of the mortgage amount. This has the potential to drive unethical behaviour that you should learn to identify and avoid.
Buying a home is a complicated process and it can often be difficult determine what kind of house you want or can afford. Developing a buying strategy will narrow down the options to better suit your individual needs.