Removing a name from a mortgage in Ontario usually means refinancing or a transfer. Learn the steps, the costs, lender rules, and how a broker can help.

First, let’s discuss why credit is important and what constitutes a good credit score in Canada from 2022/2023 onwards. Why is a Good Credit Score Important? Credit scores (aka FICO Scores) are very important in…

You might be surprised to learn just how common “bad credit Mortgages” are. If you were to consider the entire pool of homeowners out there today, chances are that many of them have less than…

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In preliminary steps, yes, they are useful. However, to rely on mortgage calculators 100% - we advise against this. There are two types of mortgage calculators that mortgage seekers often search for: Mortgage affordability calculators…

To first understand what a Mortgage Agent is, or does, we must first understand the term ‘Agency’. Agency, or an Agency Relationship, is when one party acts on behalf of another party. In the case…

Quick AnswerLenders come in three tiers. A-lenders are the big banks and prime lenders: best rates, strictest rules. B-lenders are the flexible middle: a slightly higher rate plus a fee, but they approve bruised credit,…

Refinancing your mortgage to consolidate debts is one of the best ways to get a handle on those debts. There are various reasons why this approach is suitable for many people but the most obvious…

Traditionally speaking, the housing market does follow certain ebbs and flows (or ‘seasonality’). Just like other types of investments, even the real estate market shares opportunistic times to buy/sell throughout the calendar year based on…

First and foremost, it’s important to remember that predictions are not factual. Mortgage rate predictions, however, are made based on facts and data that are available to us. It’s possible to be completely right, but…

Like “what came first, the chicken or the egg”, the debate on “variable vs fixed rate mortgage” will too, continue to withstand the test of time. That’s because there are arguments to be made on…