Homeowner Guides / Mortgages

Mortgages

Rates, down payments, insurance and how lenders decide.

MortgagesHow much mortgage can I afford on my income?Lenders use two debt ratios and a stress test to set your limit. Here is how the math works, step by step.4 min read

MortgagesHow much down payment do you need in Canada?3 min read MortgagesFixed vs variable mortgage: which one fits you?3 min read MortgagesThe mortgage stress test, explained2 min read MortgagesCMHC mortgage insurance: what it costs and when you need it3 min read MortgagesMortgage penalties: what it costs to break your mortgage3 min read MortgagesMortgage renewal checklist: what to do before your term ends2 min read Mortgages25 vs 30-year amortization: lower payments or lower interest?3 min read MortgagesMortgage pre-approval: what it is and how it works2 min read MortgagesOpen vs closed mortgage: what is the difference?2 min read MortgagesMortgage broker vs bank: where should you get your mortgage?2 min read