A 70-year history of how this market evolved, and what it means for you today. Most people assume their bank is the natural first call when it comes time to get a mortgage. It’s familiar, convenient, and – well, it’s just what you do. But...
If you bought or refinanced in 2021, you likely secured one of the lowest mortgage rates in Canadian history. Many homeowners locked in rates under 2 percent. Fast forward to 2026 and renewal notices are arriving with rates significantly higher. I am having more...
I see this question every single day in Facebook groups, Reddit threads, and my DMs: “Here’s our income, our savings, and our debt. Are we ready to buy?” And the answers they get are usually terrible. Either wildly optimistic (“Just go for...
If you have recently moved to Toronto and are looking to plant roots in neighborhoods like Etobicoke, North York, or the Downtown core, navigating the mortgage market without Permanent Resident (PR) status can be daunting. In 2026, Toronto remains one of the most...
I once asked my social media audience a simple question: “What is the single largest prepayment penalty you have ever been charged for breaking a mortgage?” The answers were staggering. They ranged from $3,000 to a shocking $50,000. If you’re a...
I hear this argument from time to time: “Don’t refinance your mortgage to consolidate debt. It’s a trap. Mortgages are front-loaded with interest, so you’ll just restart the clock and end up paying way more in the long run.” It’s one of...
