- Pros and Cons of the New 30-Year Amortization Insured Mortgage in Canada
In recent years, skyrocketing property prices in Canada have made it increasingly challenging for young Canadians—especially Millennials and Gen Z—to enter the housing market. In response, the government has introduced … Read more - Canada’s New 30-Year Amortization Option for Insured Mortgages
In a significant policy update, the Government of Canada has introduced a 30-year amortization option for insured mortgages, effective December 15, 2024. This change is designed to make homeownership more … Read more - How Job Relocation Can Affect Your Mortgage Approval
Moving to a new city for a job can be an exciting adventure, but it can also add complexity to your mortgage approval process. Understanding how job relocation affects your … Read more - Secure Mortgage Approval During a Probationary Period
Securing a mortgage while you’re on probation at a new job can add a layer of complexity to an already daunting process. Understanding how lenders view your employment status during … Read more - Navigating the Mortgage Process While on Maternity Leave
Securing a mortgage can be a complex process, and adding maternity leave into the mix can make it even more challenging. However, understanding how maternity leave affects mortgage applications can … Read more - Navigating Mortgage Portability in Canada: Pros and Cons
When it comes to mortgages, flexibility can be just as important as the interest rate or payment terms. One feature that offers flexibility for homeowners is mortgage portability. This option … Read more
