Category

Mortgage FAQs
State of the GTA Market February 2018
State of the GTA Market February 2018
Here we spoke to several real estate agents who are leaders in their respective markets and gained insights of where ...
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What does mortgage stress test mean?
What Does Mortgage Stress Test Mean?
Here we explain the mortgage stress test - what it means, why it exists, and how it affects you the ...
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ASKROSS Answers: As A First Time Home Buyer, How Do I Use My RRSP For Part Of My Down Payment?
ASKROSS Answers: As A First Time Home Buyer, How Do I Use My RRSP...
A first time buyer with questions about tapping into their RRSP when buying their first home comes up quite often ...
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ASKROSS Decodes Mortgage Lingo: Loan To Value And High Ratio
ASKROSS Decodes Mortgage Lingo: Loan To Value And High Ratio
Here we explain what “loan to value ratio” means, and also the all important “hi ratio mortgage”. This is when ...
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Why Does Small Down Payment Get a Lower Mortgage Rate?
Why Does Small Down Payment Get A Lower Mortgage Rate?
It's counter-intuitive that high-ratio higher-risk mortgages qualify for lower interest rates, and banks will compete to go lower. We explain ...
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co-signing a mortgage myth700450X THUMBNAIL
The Myths About Co-Signing For a Mortgage
What makes a strong mortgage co-signer? Not a great job, nor huge equity with tiny mortgage, nor a fantastic credit ...
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The Bi-weekly Mortgage Payment Myth
The Bi-weekly Mortgage Payment Myth
Many people believe that making biweekly payments is the best way to pay down your mortgage faster and with less ...
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Paying Consumer Proposal Early Pays BIG time
Paying Consumer Proposal Early Pays BIG time
Paying off your consumer proposal early pays BIG time! In the past few years, we have helped dozens of homeowners ...
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seven stories you need to know now
Seven News Stories You Need to Know Now
SEVEN FINANCE NEWS STORIES TO KNOW ABOUT... in the Fall of 2017! Hot topic finance news stories from interest rates ...
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Rising Interest Rates And How They Impact Your Mortgage
Rising Interest Rates And How They Impact Your Mortgage
Here we explain the importance of protecting against rising interest rates as you approach your mortgage renewal date or while ...
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AskRoss Toronto Rental Property Questions And Answers
ASKROSS Toronto Rental Property Questions And Answers
From the AskRoss mailbag, we answer our readers' questions about buying investment properties ...
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ASKROSS: Toronto Homebuyers' Questions And Answers
ASKROSS: Toronto Homebuyers’ Questions And Answers
Here are a couple of questions from the AskRoss mailbag. One reader asks with prices so high in the Greater ...
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Not the time for short closings in the Toronto real estate market
Not The Time For Short Closings In the Toronto Real Estate Market
Looking back to the Spring of 2017 we saw a period of uncertainty in the real estate market. A liquidity ...
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Toronto Appraisal too low and led to big time trouble
Toronto Appraisal Too Low And Led To Big Time Trouble
Just because you are pre-approved does not mean you are good to go and can make a firm offer with ...
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The Difference Between Down Payment And Deposit
The Difference Between Down Payment And Deposit
First-time buyers can sometimes get confused by the terminology. For example, they understand you have to make a deposit when ...
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35 Year AM May Reduce Mortgage Payment By Ten Percent
35 Year AM May Reduce Mortgage Payment By Ten Percent
35 year amortizations used to be a hot topic in the Canadian mortgage industry. There are still a couple of ...
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