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Variable Rate Mortgages

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GTA Homeowners are Struggling with Variable Rate Mortgages

Published: Feb 13, 2023 How should you deal with your variable rate mortgage? It’s no secret GTA homeowners who have ...
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Bank of Canada Rate Hike Announcement

Bank of Canada Rate Hike Announcement

After yet another Bank of Canada rate increase, we can expect the banks’ prime rate to increase commensurately. Here is ...
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Should I Convert My Variable Rate Mortgage to Fixed?

Should I Convert My Variable Rate Mortgage to Fixed?

Homeowners near our Richmond Hill, Mississauga, Toronto locations with variable interest rate mortgages watched in dismay as the Bank of ...
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Bank of Canada Rate Hike Announcement
Bank of Canada Rate Hike Announcement
After yet another Bank of Canada rate increase, we can expect the banks’ prime rate to increase commensurately. Here is the full fallout of the latest rate hike: ...
Read More
Mortgage Stress test - Everything you need to know and more
Mortgage Stress test – Everything you need to know and more
Much has changed since this article was first published back in 2018. The mortgage stress test is not a foreign concept to homeowners and homebuyers now.

But it HAS CHANGED ...
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When Do You Need a Co-Signer For Your Mortgage?
When Do You Need a Co-Signer For Your Mortgage?
Mortgage qualifying rules are stricter than ever before. Mortgage rates are rising, and homes are more expensive in Canada. In this market, it's not always easy qualifying for a mortgage ...
Read More

Featured image for GTA Variable-Rate Mortgage Payments
GTA Homeowners are Struggling with Variable Rate Mortgages
Published: Feb 13, 2023 How should you deal with your variable rate mortgage? It’s no secret GTA homeowners who have ...
Read More
Bank of Canada Rate Hike Announcement
Bank of Canada Rate Hike Announcement
After yet another Bank of Canada rate increase, we can expect the banks’ prime rate to increase commensurately. Here is ...
Read More
Should I Convert My Variable Rate Mortgage to Fixed?
Should I Convert My Variable Rate Mortgage to Fixed?
Homeowners near our Richmond Hill, Mississauga, Toronto locations with variable interest rate mortgages watched in dismay as the Bank of ...
Read More

Recent Articles

Featured image for GTA Variable-Rate Mortgage Payments
GTA Homeowners are Struggling with Variable Rate Mortgages
Published: Feb 13, 2023 How should you deal with your variable rate mortgage? It’s no secret GTA homeowners who have a variable rate mortgage have had a miserable time of ...
Read More
what are your options for debt relief as a homeowner
When a Homeowner Has Too Many Debts
If you’re a homeowner who wants to get on top of their debts in today's market, we generally offer 3 solutions. This morning, Doug Hoyes and Ted Michalos posted a ...
Read More
Bank of Canada Rate Hike Announcement
Bank of Canada Rate Hike Announcement
After yet another Bank of Canada rate increase, we can expect the banks’ prime rate to increase commensurately. Here is the full fallout of the latest rate hike: ...
Read More
Should I Convert My Variable Rate Mortgage to Fixed?
Should I Convert My Variable Rate Mortgage to Fixed?
Homeowners near our Richmond Hill, Mississauga, Toronto locations with variable interest rate mortgages watched in dismay as the Bank of Canada increased its overnight rate for the eighth time in ...
Read More

All Articles

Featured image for GTA Variable-Rate Mortgage Payments
GTA Homeowners are Struggling with Variable Rate Mortgages
Published: Feb 13, 2023 How should you deal with your variable rate mortgage? It’s no secret GTA homeowners who have a variable rate mortgage ...
Read More
what are your options for debt relief as a homeowner
When a Homeowner Has Too Many Debts
If you’re a homeowner who wants to get on top of their debts in today's market, we generally offer 3 solutions. This morning, Doug ...
Read More
Bank of Canada Rate Hike Announcement
Bank of Canada Rate Hike Announcement
After yet another Bank of Canada rate increase, we can expect the banks’ prime rate to increase commensurately. Here is the full fallout of ...
Read More
Should I Convert My Variable Rate Mortgage to Fixed?
Should I Convert My Variable Rate Mortgage to Fixed?
Homeowners near our Richmond Hill, Mississauga, Toronto locations with variable interest rate mortgages watched in dismay as the Bank of Canada increased its overnight ...
Read More
Variable Rate Mortgages Are About To Hit Their Trigger Rate
Variable Rate Mortgages Are About To Hit Their Trigger Rate
What is about to happen to variable rate mortgages? Most variable rate mortgages have static monthly payments, which protect the borrower’s cash flow from ...
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July 13th Bank of Canada Announcement
July 13th Bank of Canada Announcement
The Bank of Canada has increased the overnight rate by a whopping 1%, which means the chartered banks will most likely raise their Prime ...
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Mortgage Stress test - Everything you need to know and more
Mortgage Stress test – Everything you need to know and more
Much has changed since this article was first published back in 2018. The mortgage stress test is not a foreign concept to homeowners and ...
Read More
8 Ways the Federal Budget 2022 Affects You
8 Ways the Federal Budget 2022 Affects You
Federal Budget 2022 - Mortgage and Real Estate Impacts. Last week’s Federal Government 2022 Budget included a much-improved roadmap for first-time homebuyers to potentially ...
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Three Ways To Beat The Mortgage Stress Test
Three Ways To Beat The Mortgage Stress Test
Updated January 27, 2023All major banks are now offering five year variable rate mortgages around six percent! And five year fixed rates are much ...
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Rate Hikes Have Begun - What You Need To Do
Rate Hikes Have Begun – What You Need To Do
The rate hikes we have been expecting have started. I recently made a guest appearance on the CBC Radio 1 show, BC Today (starts ...
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Rate Hikes Coming - Here's What To Do
Rate Hikes Coming – Here’s What To Do
There seem to be three big things on everyone's minds these days: The incredible pace at which real estate everywhere is increasing in price.Inflation ...
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When Do You Need a Co-Signer For Your Mortgage?
When Do You Need a Co-Signer For Your Mortgage?
Mortgage qualifying rules are stricter than ever before. Mortgage rates are rising, and homes are more expensive in Canada. In this market, it's not ...
Read More
What Is The Impact Of Rising Interest Rates On Mortgage Pre-Approvals?
What Is The Impact Of Rising Interest Rates On Mortgage Pre-Appro...
With inflation in Canada at its highest levels in 18 years, talk has resumed about the prospect of higher mortgage interest rates much sooner ...
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7 Things You Need To Know About Bridge Mortgages
7 Things You Need To Know About Bridge Mortgages
If your current home will not be sold prior to buying your next home, you probably need a bridge mortgage. The cost and ability ...
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First Time Homebuyer Mortgage Checklist
First Time Homebuyer Mortgage Checklist
When you are making plans to buy your first home, it's impossible to know what you don't know. This first time homebuyer mortgage checklist ...
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What's The Best Mortgage Rate?
What’s The Best Mortgage Rate?
Published: • Reputable mortgage specialists do not believe the number one factor in selecting a mortgage is the interest rate. Once you understand what ...
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Ready To Buy A Home? How To Assemble A Great Support Team
Ready To Buy A Home? How To Assemble A Great Support Team
Everyone needs a home-buying support team that includes a real estate agent, mortgage specialist, and real estate lawyer. As you search for the right ...
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Your Down Payment
Why You Need A Down Payment Strategy
Having the right down payment strategy can save you a lot of money in the long term, and pay back with more equity growth ...
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Mortgage Lingo You Need To Know
Mortgage Lingo You Need To Know
Glossary and explanation of important mortgage terms, with links to relevant articles that discuss the nitty gritty. Links to related concepts make this glossary ...
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Mortgage Pre-Approval FAQs
Mortgage Pre-Approval FAQs
Mortgage pre-approval is essential to knowing what your affordability range is before you make an offer to purchase a home. We explain how lenders ...
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