Adding a little extra to your mortgage payment makes a big difference in the long run. Today's post shows you just how much impact extra payments can have, and gives you some tips for making them as painless as possible.
Today's post is my quarterly update on the state of the Canadian mortgage market. I present both sides of the inflation debate and close with my usual recommendations on both fixed and variable rates going forward.
Conservative borrowers who prefer fixed rates almost always choose a five-year term. In today's environment, I think there's a much better deal to be had, even if no one is talking about it. In today's post, I make my case.
Borrowers are often surprised to learn that qualifying for a variable-rate mortgage is harder than qualifying for a fixed-rate mortgage, even though the variable rate is lower. To find out why, check out today's post.