When you make the decision to move to a new home, you might be worried about the status of your existing mortgage. The viable option of “porting” your mortgage—moving to a new home and bringing your present mortgage terms and interest rates with you—is possible. Let’s check the pros, cons,

Have you ever been asked to co-sign someone’s mortgage by a friend or relative? Though it could be a charming way of enabling them to realize their dream of homeownership, it’s not a choice that needs to be made impatiently. In Canada, co-signing a mortgage has serious obligations and threats

In Canada, there are numerous benefits to house ownership, but there are also financial obligations. Property taxes are one significant expense to consider. Your local municipality collects property taxes to pay for infrastructure, schools, public transportation and more. Property taxes have a big influence on your total cost of living

You will be required to make consistent mortgage payments when you buy a house and take out a mortgage. The mortgage payment frequency choice you select will determine how much and how often you pay. There are five main mortgage payment choices available in Canada: weekly, accelerated weekly, accelerated bi-weekly,

Congratulations! You’ve decided to take the exciting leap into homeownership. However, the process might seem intimidating because of the down payment requirements, pre-approval procedures, and legalities involved. One phrase you may come across is mortgage insurance. Canadian homebuyers, do not be alarmed!  Everything you need to know about mortgage insurance

One of the main tenets of Canadian culture is the desire to become homeowners. However, mortgages often feel more like a marathon than a sprint, let’s face it. The good news? You may shorten your loan term by years by taking a calculated approach to mortgage payments. You should think