Securing a mortgage involves more than just a credit score. Lenders carefully assess various financial aspects, and one critical factor that significantly influences mortgage approval is the debt-to-income ratio. Let's…
Securing a mortgage with a less-than-perfect credit score may seem challenging, but the journey to homeownership is not closed for individuals facing this situation. In fact, there are creative financing…
Receiving a mortgage rejection from a big bank can be a discouraging experience, but it's important to know that your dream of homeownership is far from over. In fact, this…
The current real estate market has witnessed a surge in Power of Sale situations, creating a challenging environment for homeowners. If you find yourself grappling with the possibility of selling…
In the intricate web of the Canadian financial landscape, the bond markets and fixed-rate mortgages perform a delicate dance, influencing each other in subtle yet impactful ways. Understanding this symbiotic…
At some point in their lives, most Canadians have probably asked themselves whether it is better to buy or rent a home. And purchasing a home is one of the…
Transitioning from renter to homeowner is one of the biggest decisions you’ll make throughout your lifetime. It can also be a stressful experience if you don’t plan ahead by building…
The question of whether it’s better to lease or buy a vehicle is a common dilemma. And do you buy or lease a new or used vehicle? The answer depends…
Hybrid mortgages – also known as 50/50 mortgage products – include an equal mix of fixed-rate and variable-rate components within your single mortgage. This means you get the best of…
It’s easy to get caught up in the idea that comparing mortgage rates will guarantee you get the best bang for your buck. While this may be true for particular…