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Mortgage Financing

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Pros and Cons of Refinancing Your Mortgage to Get Out of Debt

Mortgage refinancing is a popular way to get out of debt, but is it the right option for you? During the ongoing COVID-19 pandemic, you may be looking for ways to reduce your debt load. If you own a home, you can use available equity to pay...

Affordable Housing in Toronto is Still a Major Problem

Affordable housing in Toronto has been difficult to find for a while now — but despite hopes that it would get better, it is still a major problem for many. A recent report from Zoocasa determined that in the Greater Toronto Area, it would...

Don’t Wait Too Long to Refinance Your Mortgage – Get Ahead of Rising Interest Rates

If you’re interested in refinancing your mortgage, it’s better to act sooner rather than later. Why? Let’s break down the reasons. New Canadian mortgage regulations are making it harder to access financing. On January 1, 2018, the Canadian...

Should You Get a Home Equity Loan to Pay Off Debt Before Interest Rates Increase Again?

How confident are you that you could survive another Canadian interest rate increase? If your answer is “not very” perhaps it is time to consider getting a home equity loan to pay off debt. Since July of 2017, the Bank of Canada (BOC) interest...

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