Mortgage Hub
Welcome to the Humber Bay Mortgage Hub, designed to help guide anyone navigating the home financing process.
Whether you’re a first-time buyer taking your first steps into home-ownership or a seasoned investor exploring new opportunities, you’ll find expert advice, practical tips, and valuable insights to support your journey. Our goal is to make the mortgage process clearer and easier to understand, so you can make informed decisions and feel confident as you move forward.
The $50,000 Trap: How to Avoid a Massive Mortgage Prepayment Penalty
A prepayment penalty is a fee a lender charges if you break your mortgage contract – move or refinance – before your term is over. A recent social media poll found people had paid from $3,000 to a staggering $50,000 in penalties.
Mortgage Minute: Bank of Canada Signals Rate Hold as Household Financial Strain Hits 16-Year High
This week, the economic headlines paint a picture of a Canadian economy being squeezed. While the Bank of Canada is...
Blog Post: Debunking the “Front-Loaded” Mortgage Myth
why the ‘front-loaded interest’ argument is flawed when refinancing to consolidate high-interest debt. Learn how it saves you money and cash flow.
Mortgage Minute: Conflicting Signals, a Jobs Shock, and What the Budget Didn’t Fix
Welcome to your Mortgage Minute. It was a confusing week for the Canadian economy, and it has major implications for...
Mortgage Minute: The “Split Market” Arrives. A Rate Cut for Some, a Squeeze for Others.
This week, the Canadian mortgage market was defined by a series of deep contradictions. While the Bank of Canada's...
Mortgage Minute: Bank of Canada Rate Decision: Why a Cut is Still Likely Despite Inflation Spike
Mortgage Minute: Bank of Canada Rate Decision: Why a Cut is Still Likely Despite Inflation Spike (Oct 2025) This week,...
VIP CLUB
Sign up as one of my VIPs for mortgage news and tips, to keep in touch, and to join the monthly giveaway contest.