Taking out a mortgage doesn’t automatically boost your credit score—it can both help and hurt, depending on how you manage it. Here's how a mortgage affects your credit in the short and long term.

Mortgage renewal anxiety is common among Canadians due to fluctuating interest rates and rising costs. This article explores the causes of this stress and offers practical tips for managing the renewal process confidently.

When your mortgage term ends, your bank may offer a renewal, but there are valid reasons to refuse and explore better options. Here are five key reasons why rejecting the renewal offer could benefit your financial future.

Mortgage renewal might sound like just another routine financial task, especially after five years of regular payments. But for many Canadians, the decision to renew—or not—can have serious financial consequences. Whether you’re planning to sell, refinance, or simply unsure about your next move, failing to renew your mortgage properly can put you at risk of higher rates, unexpected penalties, and even legal trouble.

Renewing your mortgage might feel routine, but it's actually a key opportunity to renegotiate and potentially save thousands—especially if you don’t accept your lender’s first offer. In this guide, we’ll share practical negotiation tips to help Canadians get the best possible deal at renewal time.

When your mortgage term ends, you're free to switch lenders—and many Canadians do so to access better rates or terms. This article explains how the process works, including key differences between standard and collateral charge mortgages, potential fees, and whether a new appraisal affects your mortgage amount.

A mortgage is a major financial commitment that can help you build equity and secure a home. However, mistakes in the process can lead to serious financial consequences. This article highlights the 10 worst mortgage mistakes to avoid for long-term financial stability.

Losing a parent is emotional, and dealing with financial matters like a mortgage can feel overwhelming. Many Canadians wonder: Does the mortgage disappear? Can the home be inherited? What if there's still a large balance owing?

Losing a spouse is one of life’s most painful and disorienting experiences. Amid grief, you may also be faced with difficult financial decisions, especially if you shared a mortgage. Refinancing your mortgage after the death of a spouse can help stabilize your financial future, but the process can be overwhelming without the right information. This guide will walk you through what to do and what to expect.

Divorce is tough—emotionally, legally, and financially. When real estate’s involved, it adds another layer of complexity. Many Canadians choose to keep the family home after a split, whether for the kids, emotional ties, or practical reasons. But refinancing it solo comes with its own unique challenges.

As Ontario's housing crisis continues, more buyers are turning to traditional vacation spots like Muskoka, the Kawarthas, Haliburton, and the Bruce Peninsula, where seasonal cottages are being transformed into year-round homes. This shift is fueled by factors like remote work, rising real estate prices, and the appeal of rural living. However, the transition from seasonal zoning to full-time habitation can create challenges around mortgage financing, insurance, and zoning, potentially causing delays, unexpected costs, or even mortgage denials if not handled carefully.

Canada is facing an intensifying housing crisis that has become one of the most pressing socio-economic issues of our time. As housing prices soar and rental availability tightens across major cities and even smaller towns, Canadians are left grappling with the reality that homeownership—or even stable housing—may be slipping out of reach for an entire generation.