Foreclosure Alternatives in Canada: 9 Practical Ways to Stop a Power of Sale (and Keep Your Equity) When mortgage payments slip, the fear of foreclosure (or, in Ontario, more commonly a power of sale) can feel overwhelming. The good news:
Reverse Mortgages vs. HELOCs for Canadian Retirees: Which Unlocks More Freedom in 2025? Primary keywords: reverse mortgage Canada, HELOC for seniors, HELOC vs reverse mortgage, home equity in retirement, best way to access home equitySecondary keywords: home equity line of
Heat Pumps, Solar & Your Mortgage: Financing Energy-Efficient Upgrades Without Breaking the Bank 1 Why 2025 Is the Year to Go Green — and How Ottawa Is Writing the Cheques Between record-high electricity prices and federal targets to cut residential-sector
Port, Blend or Break? Choosing the Cheapest Way to Move Your Mortgage in 2025 Why This Decision Matters More in 2025 Roughly 1.2 million Canadian households are renewing this year, and many are also upsizing, downsizing, or relocating for work.
Unlocking the First Home Savings Account (FHSA): Powerful Benefits and Potential Drawbacks for Canadian Homebuyers The First Home Savings Account (FHSA) is a game-changer for first-time homebuyers in Canada. Launched in 2023, this innovative registered savings account combines the best
The Hidden Risk: How Falling Home Values Can Jeopardize Your Refinance Plans As a Canadian homeowner, refinancing your mortgage can be a powerful tool to reduce monthly payments, access equity for renovations, or consolidate high-interest debt. But what happens when
Can a Home Equity Loan in Alberta Really Help With Debt? Yes. If you’re drowning in high-interest debt like credit cards or personal loans, home equity loans in Alberta are a powerful tool to take control of your finances. By
The Truth About Canada’s Mortgage Market in 2025: Powerful Trends and Shocking Challenges Ahead As we move through 2025, Canada’s mortgage market continues to adjust to a post-pandemic economic landscape shaped by high interest rates, affordability concerns, and growing demand
Buying a Home in Ontario? Here’s What You Need to Know Buying a home is one of the most significant financial decisions you’ll make, especially in Ontario’s competitive housing market. Whether you’re a first-time buyer or upgrading, getting your mortgage
Stop the Spiral: How Canadian Homeowners Are Fighting Back Against Mortgage Debt For many Canadian homeowners, the dream of homeownership has turned into a financial tightrope. Rising interest rates, stagnant wages, and increasing living costs have created a perfect storm—forcing
Understanding the Basics When it comes to mortgage payments in Canada, one factor many borrowers overlook is how often their interest is compounded. Most Canadian fixed-rate mortgages are compounded semi-annually, meaning interest is added to the loan twice per year.
If you’re planning to buy a home, refinance your mortgage, or secure additional financing using your home in Ontario, one essential step is identity verification. Lenders—whether banks, credit unions, or private lenders—require valid identification to protect against fraud and comply