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Mortgages

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Why a reverse mortgage should be a last resort for most Canadian retirees

Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...

Why a reverse mortgage should be a last resort for most Canadian retirees
A Canadian family moving, thanks the BoC rate cuts, which improved mortgage affordability in Vancouver, Toronto and Hamilton

Mortgages

How much income do I need to qualify for a mortgage in Canada?

How much income do I need to qualify for a mortgage in Canada?
Two young sisters hugging in a cardboard box after moving into a new home

FHSA

Can you use the FHSA and HBP together?

Can you use the FHSA and HBP together?
Canadian family watching movies at home.

Mortgages

The after-effect of market lows: a drop in fixed mortgage rates

Some investors might look at their portfolios, but Canadians getting a mortgage (or renewing one) should keep an eye...

The after-effect of market lows: a drop in fixed mortgage rates

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Mortgages

Mortgage renewal calculator

Is your mortgage coming up for renewal soon? Use this tool to figure out if switching lenders could save...

Mortgage renewal calculator
Canadian holding keys to a new home, in hopes that the Bank of Canada rate announcement will have an impact on mortgage rates.

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Making sense of the Bank of Canada interest rate decision on July 24, 2024

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Mortgages

Mortgage payment calculator

Use a mortgage payment calculator to understand what a mortgage will cost you in real terms.

Mortgage payment calculator
A Canadian son with his mom, moving into the condo she helped him pay for.

MoneyFlex

6 things to consider before borrowing from the Bank of Mom and Dad for your first home

Borrowing from family can seem convenient, but there are things to think about first, like interest, taxes, family power...

6 things to consider before borrowing from the Bank of Mom and Dad for your first home

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A mother looks at her mortgage options online

Mortgages

Should you get a 30-year mortgage? 

Longer mortgages can stretch the amount you qualify for and provide some wiggle room in your budget. Here’s how...

Should you get a 30-year mortgage? 

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