The housing market has experienced historical growth in appreciation in recent years, having many people ask, “will the housing market crash?”. The concern stems from the fact that the current levels of appreciation cannot be…

Many of our clients often ask about insurance options when taking a mortgage. Like many other forms of insurance, mortgage protection insurance offers a peace of mind in the event of unfortunately life events that…

A mortgage for income property can be different from the mortgage you have on your primary residence but it depends on personal circumstances and goals. For example, you may have a 5-year fixed mortgage on…

As many borrowers come to know, there are few types of mortgage lenders that exist in the world of lending. To simplify things, there are 3 main types: “A Lenders” “B Lenders” Aka “Alternative Lenders”…

A ‘power of sale’ is the legal terminology used for the repossession of real estate by the bank that holds the mortgage. In almost 100% of cases, a power of sale takes place when the…

Thankfully, mortgage rates today (even now in 2017) have remained historically low which is great for Canadians. Unless you’ve owned a home for quite some time, it may be difficult to understand what dictates Canadian…

With all the banking guideline changes that have taken place between 2016 –present, it’s important to speak with a mortgage advisor. When we say mortgage advisor, we don’t mean an advisor that works for any…

An equity take out on your home can be a life saver in times of financial distress, especially if used effectively. In most cases, an equity take out is the only OR cheapest option. Taking…

Today’s real estate market is flooded with first time home buyers, but it’s also flooded with existing home owners looking to upgrade… home owners who may need a bridge loan in order to close a…

Need more information on how your payday loans may be effecting your changes for borrowing in the future? Contact CMS Mortgages today to learn more.

Do you believe that Mortgage Renewal is right for you? Contact our experienced experts at Canadian Mortgage Services to learn more, today!

When it comes to paying off a mortgage, there are several approaches you can take. Let us find a solution that works best for you. Contact Us today!