Should Not Be Treated as Market Value Every January, provincial and municipal assessment notices are released across Canada. Homeowners scan the number, compare it to last year, and often assume it reflects what their home would sell for in today’s…
Most borrowers sleepwalk into renewal. They get a reminder from their lender, sign whatever shows up, and move on. That habit can cost thousands in unnecessary interest. A renewal is one of the few moments where you can renegotiate from…
Steps You Should Be Taking Every Five Years Most borrowers sleepwalk into renewal. They get a reminder from their lender, sign whatever shows up, and move on. That habit can cost thousands in unnecessary interest. A renewal is one of…
If Rates Rise Again After a year of relief from rate hikes, many Canadians are finally catching their breath. But with inflation proving stubborn and bond yields climbing again, the question is back on the table: what happens if rates…
Many homeowners and small-scale investors are heading into renewals with higher payments than they expected. Rates have eased from the peak, but not enough to unwind years of inflation, tighter qualification rules, and rising shelter costs. Payment shock is real…
When you buy a home with less than 20% down, mortgage default insurance is mandatory.Most people assume it’s just something that protects the lender — not them. But what many homebuyers don’t realize is that default insurance often comes with built-in protections…