mortgage advice News and Articles | My Blog
Mortgage deselection: Can your lender choose not to renew your mortgage?
12/11/2023 | Posted in Mortgages and Real Estate by Paul DeAdder
In its third-quarter earnings call, Scotiabank said it was undertaking a strategy of “customer deselection at renewal” as part of its efforts to slow its mortgage ... More
The bond market is now sending a clear signal: Go with a variable-rate mortgage
12/6/2018 | Posted in Mortgage Interest Rates by Paul DeAdder
If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed.
... MoreMortgage rates are rising. Here's how you can save money
5/28/2018 | Posted in Mortgage Interest Rates by Paul DeAdder
Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving ... More
Avoid These Common Mortgage Pitfalls
7/31/2017 | Posted in Home Buyers by Paul DeAdder
A home is the largest purchase most people will make in their lives. That should reinforce the importance of planning ahead, doing your ... More
Rates aren't everything, don't forget to consider term: Mortgage math
2/21/2017 | Posted in Mortgage Tips by Paul DeAdder
You shopped around for the best deal on your mortgage and weighed the pros and cons of going with a fixed-rate or a variable-rate loan, but another key factor to consider is ... More
One big bank predicts rate hold until 2019
9/28/2016 | Posted in Mortgage Interest Rates by Paul DeAdder
TD Bank forecasts the Bank of Canada overnight target rate will remain unchanged until 2019.
... MoreFreedom from your mortgage? You'll pay for that
8/22/2016 | Posted in Mortgage Advice by Paul DeAdder
After you make the final payment on your mortgage, you have to cough up one more time to be free and clear.
... MoreConceptions, misconceptions and the five C's of credit
6/4/2015 | Posted in Mortgage Advice by Paul DeAdder
When talking about the five C’s of credit, there is a difference in where conventional and private lenders place the order.
... More