In Canada, the longest allowable loan you can receive is for ten years. Most mortgages will not be paid within this length of time, meaning that homeowners will need to choose between renewing and refinancing at least once over the period that they own their home. We are often asked by our clients whether or [...]
Mortgage rates can make or break a potential homeowner’s decision to go with a certain lender or product. Low mortgage rates can feel more manageable from month to month while high mortgage rates can suggest more risk to the lender. It goes without saying that most homeowners want to take advantage of low rates. Unfortunately, [...]
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