Your Homebuyer’s Guide to How to Pay Off a Mortgage Faster

Many homeowners have questions when it comes to how to pay off a mortgage faster.

Your Homebuyer’s Guide to How to Pay Off a Mortgage Faster

Taking on a mortgage is no casual agreement — which is why the loan qualification process is so stringent — but you’ll nearly always have options. And perhaps one of the most exciting is the prospect of paying off your mortgage early.

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What do homebuyers prefer – banks or mortgage brokers?

Most Canadians favoured banks over brokers to obtain mortgages on their primary residences last year.

What do homebuyers prefer – banks or mortgage brokers?

MPC’s annual report on the state of the residential mortgage market revealed that about 6.08 million of the overall 10.01 million owner-occupied dwellings in Canada had mortgages at the end of 2020 – and among buyers who purchased homes in 2020, 54% of mortgages were obtained from banks, 40% fro…

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Pattie Lovett-Reid: Is this a once-in-a-lifetime chance for first-time homebuyers to get into the market?

Many parents have wanted to help their children financially buy their first home but in some cases it still wasn't enough for a downpayment.

Real estate prices have remained stubbornly high and the dream of owning a home has been pushed out further and further with stricter qualifying guidelines being enforced. The higher prices driving the higher downpayment, sidelining potential buyers who weren't quite ready for the financial commitment homeownership demands.

https://www.ctvnews.ca/…/pattie-lovett-reid-is-this-a-once-…

Pattie Lovett-Reid: Is this a once-in-a-lifetime chance for first-time homebuyers to get into the market?

The spring selling season that typically kicks into gear in March has clearly stalled due to the pandemic. Homes sales have cratered and prices are on the decline. So is now the time to buy? CTV News' Chief Financial Commentator Pattie Lovett-Reid says maybe, in her weekly column for CTVNews.ca.

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