What is a Mortgage Pre Approval in Canada in 2021

Most young Canadian families are wondering, what is a mortgage and what is a mortgage pre approval? Obtaining pre approval is an important (but not necessary) step in the home buying process. Calculating your estimate gives you a clearer picture of your purchasing power. The most important argument in favor of this procedure is the… Continue reading What is a Mortgage Pre Approval in Canada in 2021

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Mortgage Renewal vs Refinance in Canada: The Key Differences

In this article, we will look at the nuances of mortgage renewal vs. refinance. Now that bank rates have risen, many Canadians are wondering how best to deal with mortgages. Therefore, it is extremely important to understand what mortgage refinance is and how to extend the repayment period to your advantage. What is Mortgage Refinancing?… Continue reading Mortgage Renewal vs Refinance in Canada: The Key Differences

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Mortgage Closing Costs Ontario — and How to Cut Them

Getting a mortgage is hard. Real estate prices in Canada, and especially in the Greater Toronto Area, are through the roof. The last thing you need in this situation is a ton of extra expenses just to cover mortgage closing costs Ontario.  There’s a pretty big chance that you’ll never buy anything more expensive than… Continue reading Mortgage Closing Costs Ontario — and How to Cut Them

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