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— Latest Posts
Upcoming Changes to Home Equity Lines of Credit
Last week, Canada’s banking regulator unveiled new rules that will govern how borrowers may use Home Equity Lines of Credit (HELOC).The new guidelines unveiled by the Office of the Superintendent of...
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Be prepared when it comes to mortgage closing costs
When new homebuyers are shopping for their first home, they tend to focus on the number one expense: the down payment.But there’s a myriad of additional costs, all of which can add up and potentially...
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Your Mortgage Renewal Questions Answered
Many homeowners dread mortgage renewal time, especially when interest rates are rising as they are today.It means you’ll likely be resetting your mortgage at a higher rate, with higher monthly...
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Breaking down the Bank of Canada’s latest rate hike
Variable-rate mortgage holders with fixed payments, don’t have to worry about fluctuations in their monthlymortgage payments. Instead of your payment increasing, the amount of money going towards...
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