Buying a home is expensive, but there are also a number of closing costs. Learn about the hidden and unexpected costs when you buy a house or condo. Continue reading »
Category: Mortgages
The Final Mortgage Payment: What You Need To Know
There are many ways to pay off your mortgage early. However, there may be fees and penalties when you make your last payment. Continue reading »
Knowing Your Debts and Planning for Payments Post-Relief Efforts
The grace period for COVID-19 mortgage and credit card deferrals, property tax payments, and other financial relief measures are coming to an end. Continue reading »
Do You Need A Real Estate Lawyer When Buying A Home?
Legal jargon can be tough to navigate, and making a mistake can be easy, yet costly when buying or selling a home. Continue reading »
Deferring Your Mortgage Could Cost You More Down the Road
Deferring your mortgage payments during the COVID-19 crisis could cost you thousands in additional interest. Continue reading »
Walking Away from Your Home Purchase Offer – Know the Consequences
No matter your circumstance, an offer on a house is a legal contract. By walking away from your home purchase offer, you could lose your initial deposit, or even be sued. Continue reading »
Refinancing a Mortgage in Canada Amid the COVID-19 Crisis
Many Canadians are hurrying to refinance their mortgages in hopes of securing a lower rate, lowering their payments, or accessing equity, during the COVID-19 crisis. Continue reading »
Breaking Your Mortgage Early: What You Need to Know
Breaking your mortgage? Make sure it’s worth it. Here is how to calculate your mortgage penalty. Continue reading »
How Deferring Mortgage Payments Could Affect Your Credit Score
A mortgage payment deferral is not the same thing as payment forgiveness. You’ll still be responsible for the missed payments and the interest on the payments. Continue reading »