Second mortgages normally have shorter amortization periods of 10 or 15 years when compared with first […]
Mortgage terms usually range from 6 months to ten years, with 5 years most frequent. Mortgage […]
Variable rate mortgages are less expensive initially but leave borrowers vulnerable to interest increases at renewal. […]
The First Home Savings Account allows buyers to save up to $40,000 tax-free for the home […]
Higher ratio mortgages over 80% loan-to-value require CMHC insurance even for repeat buyers. Prepayment charges on […]
Most mortgages contain annual prepayment privileges like 15-20% in the original principal to make lump sum […]
Mortgage terms usually range between 6 months to decade, with 5 years most popular. Bridge Mortgages […]