The recent rate hike has caused financial imbalances in the budget of many Canadians according to MNP Consumer Debt Index

If you are applying for a mortgage for the first-time, then there might be some terms you would not be familiar with.

With open mortgage, you can make more regular payments but with closed mortgage, your interest rates are lower compared to open mortgage.

OSFI’s Annual Risk Outlook depicts several issues in the housing market which has led to OSFI outlining potential regulatory responses.

The mortgage landscape of Canada will be changing in the coming months because of the BoC increasing the benchmark rates.

Co-signing a mortgage means you would have some claim over the property, but you are also agreeing to pay primary homeowner’s payments as well

The idea of a reverse mortgage is that it allows senior people to convert part of the equity in their homes to cash.