Canada Extends 30-Year Amortization for First-Time Home Buyers’ Mortgages on New Homes
In an effort to make homeownership more accessible to first-time buyers, Canada has reintroduced the 30-year amortization period for insured mortgages on new homes. This change, ai
The Advantages of Home Equity Loans: Unlocking the Value in Your Home
Home equity loans represent a powerful financial tool for homeowners, offering a unique opportunity to unlock the value embedded in one’s property. This type of loan leverage
Unlock Financial Freedom: Why Debt Consolidation Loans Can Work For You
Are you feeling overwhelmed by multiple debts and struggling to keep up with payments? Debt consolidation loans offer a practical solution to simplify your finances and regain cont
6 Reasons Why Refinancing in 2024 is a Smart Move for Your Home
In the dynamic landscape of the Canadian real estate market, homeowners often find themselves at the crossroads of financial decision-making. As we step into 2024, the prospect of
Navigating high interest rates and home ownership in Canada
In Canada, the economic landscape is a tale of two stories. While inflation may be showing signs of cooling down, homeowners are struggling with the burden of high-interest rates.
Refinancing your mortgage with a low credit score
It’s not uncommon for many Canadian homeowners to think about mortgage refinancing as they approach the end of their mortgage term. This process, also known as remortgaging,