by Simon Browning | Jun 8, 2025 | Mortgages
Not All Mortgage Rates Are Created Equal: The Hidden Cost of Compounding When shopping for a mortgage, most people focus on finding the best mortgage rate. That makes sense — a lower rate can mean significant savings. But there’s a lesser-known factor that can quietly...
by Simon Browning | Apr 11, 2025 | Mortgages
When choosing a mortgage, many borrowers focus on getting the lowest interest rate. But what happens if life throws a curveball and you need to break your mortgage early? The mortgage penalty for breaking a mortgage can be significant—sometimes wiping out any savings...
by Simon Browning | Dec 12, 2024 | Mortgages
Breaking your mortgage in Canada might sound intimidating, but for the right reasons, it can be a game-changer for your financial future. Whether you’re eyeing lower rates, refinancing for a better deal, or managing a life change, now could be the ideal time to...
by Simon Browning | Dec 4, 2024 | Mortgages
What’s New in Insured Mortgages? Canada’s insured mortgage landscape is undergoing significant changes as of December 2024, aiming to improve affordability and access to housing: Extended Amortization Periods: 30-Year Amortizations Expanded Now available to...
by Simon Browning | Aug 26, 2024 | Mortgages
Have you heard about “Cashback Mortgages”? A cashback mortgage is a type of mortgage where the lender provides a cash incentive at the time of closing, to encourage the borrower to go with that specific lender. This incentive is typically a percentage of the mortgage...
by Simon Browning | Aug 26, 2024 | Credit Score, Mortgages
Having a good credit score plays an important role in securing a mortgage. Here’s some quick tips on how to improve one’s credit score, feel free to share! 1: Pay bills / credit on time. Even if that means just making the minimum payment. Always pay at...
