Mortgage Blog

Category: Understanding Mortgages (7 posts)

The 4 People You Should Never Lie To

The 4 People You Should Never Lie To

July 11, 2023 | Posted by: Brie Robertson

It’s hard to know who to trust in today’s world, but don’t worry - we’ve got your back! We’ve compiled a list of the 4 people you should never lie to. Read on! 1. Your ...

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How to Deal With Mortgage Payment Difficulties

How to Deal With Mortgage Payment Difficulties

October 14, 2022 | Posted by: Brie Robertson

Sometimes unforeseen financial circumstances can impact your ability to make your regular mortgage payments. Or perhaps your debt demons have been caused by taking on too much other high-interest de ...

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After the rate hike…what’s next?

After the rate hike…what’s next?

July 18, 2022 | Posted by: Brie Robertson

On July 12th, for the first time in seven years, the Bank of Canada increased the overnight rate by .25%, withdrawing some of the stimulus that was needed after the oil price collapse and 2008 financi ...

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 “Conditional on financing”: the most important part of your offer

“Conditional on financing”: the most important part of your offer

March 23, 2022 | Posted by: Brie Robertson

When you find the condo or house of your dreams and want to make an offer, do you need a financing condition? Unless you can pay cash for the home, then yes you do. That little phrase – “c ...

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Don’t renew your mortgage with your eyes closed

Don’t renew your mortgage with your eyes closed

March 17, 2021 | Posted by: Brie Robertson

When your mortgage comes up for renewal, your lender will send you a letter suggesting you renew at their current offer. If you do, you’ll be renewing your mortgage with your eyes closed! This i ...

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Bridge financing: what you need to know

Bridge financing: what you need to know

March 15, 2021 | Posted by: Brie Robertson

A bridge loan is a short-term financing tool that helps you “bridge” the gap between old and new mortgages when you move from one home to another. You may be taking possession of your new ...

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Comparison of Collateral versus Standard Charge Mortgages

Comparison of Collateral versus Standard Charge Mortgages

February 22, 2021 | Posted by: Brie Robertson

More lenders are moving to collateral charge mortgages so it’s becoming increasingly important to understand the differences between a collateral and standard charge mortgage.  Which is bet ...

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