Should you buy a rent-to-own home? This payment method can help those without savings or credit history become homeowners but can be costly in the long run. Here’s what you need to know.
Monetary gifts from family members can assist new homebuyers to purchase a property, but they’ll likely require a mortgage gift letter. Learn why a mortgage gift letter is important and the information it provides to lenders.
There are many ways to pay off your mortgage early. However, there may be fees and penalties when you make your last payment.
Legal jargon can be tough to navigate, and making a mistake can be easy, yet costly when buying or selling a home.
Deferring your mortgage payments during the COVID-19 crisis could cost you thousands in additional interest.
TransUnion survey suggests millennials and Gen Z hardest hit with job losses and reduced hours.
Learn the truth about your credit score, and how lenders view your creditworthiness.
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.
Breaking your mortgage? Make sure it’s worth it. Here is how to calculate your mortgage penalty.
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.