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Mortgage Default Insurance 18 Sep 2012 | 02:19 am

Mortgage default insurance (sometimes called mortgage loan insurance) protects the mortgage lender in case you are not able to make your mortgage payments. It does not protect you. You must pay mortg...

Mortgage Financing and Non-Canadian-Resident 7 Aug 2012 | 10:01 am

Mortgage interest rates have been consistently falling, bringing us to historic all-time lows.  Realtors and investors report that this is the time to buy a home. With mortgage interest rates so low…

Frequency Of Payments... 20 Jul 2012 | 07:15 am

Accelerated payment options Accelerated weekly and accelerated biweekly payments can save you thousands, or even tens of thousands in interest charges, because you'll pay off your mortgage much faster...

Frequency Of Payments... 20 Jul 2012 | 07:15 am

Accelerated payment options Accelerated weekly and accelerated biweekly payments can save you thousands, or even tens of thousands in interest charges, because you'll pay off your mortgage much faster...

Choosing Your Mortgage Term and Type 12 Jul 2012 | 02:50 am

The mortgage term is the length of time your mortgage agreement will be in effect (for example, five years). At the end of each term, you will need to renew or renegotiate your mortgage, unless you…

Choosing Your Mortgage Term and Type 11 Jul 2012 | 11:50 pm

The mortgage term is the length of time your mortgage agreement will be in effect (for example, five years). At the end of each term, you will need to renew or renegotiate your mortgage, unless you…

New Mortgage Financing Rules Start July 9, 2012 22 Jun 2012 | 12:27 am

Ottawa, June 21, 2012 - As part of the Government’s continuous efforts to strengthen Canada’s housing finance system, the Honourable Jim Flaherty, Minister of Finance, today announced further adjustme...

New Mortgage Financing Rules Start July 9, 2012 22 Jun 2012 | 12:27 am

Ottawa, June 21, 2012 - As part of the Government’s continuous efforts to strengthen Canada’s housing finance system, the Honourable Jim Flaherty, Minister of Finance, today announced further adjustme...

Overnight rate target at 1 per cent 6 Jun 2012 | 12:19 pm

Ottawa, Ontario - The Bank of Canada announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per c...

Overnight rate target at 1 per cent 6 Jun 2012 | 09:19 am

Ottawa, Ontario - The Bank of Canada announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per c...

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