Mortgage Rates

Second Mortgages — What is it and How it works?

Applying for second mortgage can be easier than you think, second mortgage lenders are looking for several things when it comes to lending you a second mortgage. First and foremost an appraisal needs to be completed on the property, this will give them the value that they need to work with to determine how much …

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Is Your Mortgage Up For Renewal? The average Canadian renews their mortgage contract every 3 to 5 years

Everyone who has a mortgage at some point in time has had to renew. If you have been fortunate enough to actually have paid it off, congratulations. At renewal time, your lender (whether it’s the bank or a trust company) have fulfilled their term obligation and are looking for your business again for the next …

Is Your Mortgage Up For Renewal? The average Canadian renews their mortgage contract every 3 to 5 years Read More »