Pay off your mortgage early
Let the financial dust settle and relax, then think about what options you have to improve and shrink your long-term debt from the mortgage Everyone wants us to be in…
Five things to do if you are over-extended on your mortgage
Mortgage default may be rare in this country, but nearly 9% of indebted households need 40% or more of their gross income to pay their debt service charges, says the…
Is refinancing right for you?
There are numerous reasons why homeowners choose to refinance their mortgages - everything from debt consolidation to freeing up money for their child's education to using their home equity to…
Canadian Mortgage Rules
Changing regulations in Canada’s mortgage market Since 2008, the federal government has made several changes to the rules for mortgages insured through the Canada Mortgage and Housing Corporation (CMHC) and…
Mortgage Pre-payment: Know your options
Overview Mortgage prepayment refers to paying more than the regular mortgage payments you have agreed to pay in your mortgage contract. Examples of prepayment: increasing the amount of your regular…