While most banks were initially supportive of the test, more and more banks want the test to be adjusted so that it meets current slower market conditions
Mortgages
A mortgage statement is an annual report that outlines how much you paid off, what you still owe, what your current rates are set at and how much of a discount...
Mortgage advisors, agents and brokers are not one and the same. Here is an explanation of a mortgage advisor's role plus the pros and cons of using one
Banks make lots of money off of mortgage debt. Here are four ways investors can also become mortgage lenders, and earn revenues off their debt investments
Mortgages belong to buildings, not people, so its always a good idea to have a plan in place to protect your family from the burden of a large mortgage debt
Buy now? Break your term and renew your mortgage now? Or wait and risk further increases. Here's how to decide
How much purchasing power do home buyers lose with each incremental rate increase? We examine the erosion of affordability in anticipation of further mortgage...
As a homeowner, it's in your best interest to know all about your mortgage interest. Here's why
The direct impact on most people is minimal, but that doesn't mean consumers will walk away untouched. Here are five ways an interest rate hike will impact...
The bank offered prime rate is dangerously close to 4% and heading towards 5%, perhaps even 6%, with each Bank of Canada rate hike. Now is the time to learn a...
