My Mortgage Blog — Latest Posts
Unravelling the benefits of choosing a mortgage broker
One of the first big decisions prospective homebuyers face is how they plan to obtain their mortgage. Should they work with their bank, go direct-to-lender or choose a mortgage broker?As mortgage...
Read More
Understanding mortgage default insurance in Canada
If you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.”For those who aren’t or if you need a bit of a refresher, we are going to outline...
Read More
Canadian economy added nearly 40,000 jobs in August
The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...
Read More
Good news for variable-rate borrowers as Bank of Canada leaves rates on hold
Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...
Read More