Mortgage Tools & Calculators

Life insurance is traditionally seen as a safety net, but some policies—like whole or universal life—are marketed as investment tools with cash value. This article explores whether they’re smart financial strategies or costly traps.

In Canada, office building mortgage rates can vary depending on a range of factors such as the lender, the location and type of property, the creditworthiness of the borrower, the size of the loan, and the general economic environment. These loans are typically used by commercial real estate investors, developers, or businesses looking to purchase office space.

The Canada Small Business Financing Program (CSBFP) is a government initiative designed to help small businesses in Canada access financing for a variety of business needs. Administered by the Canadian government through financial institutions, the program aims to support entrepreneurs, particularly those who might face difficulty obtaining loans from conventional lenders due to factors like lack of collateral or a short operating history.

Ontario is a province of immense beauty and opportunity, with sprawling landscapes, vibrant cities, and charming small towns. Whether it's for recreational use, future development, or as an investment, land in Ontario offers something for everyone. But for those interested in purchasing undeveloped or raw land, securing financing can be a challenge. Unlike conventional home mortgages, land loans in Ontario come with their own set of rules, opportunities, and challenges that buyers need to understand. This guide will break down the essential aspects of land loans, who should consider purchasing land in Ontario, and how you can navigate the complexities of acquiring land financing in this province.

Refinancing your mortgage is a financial strategy that many Canadian homeowners consider in order to secure a lower interest rate, reduce monthly payments, or tap into home equity for large expenses. While refinancing can provide valuable financial relief, it’s not without its potential risks. Refinancing is a complex decision that can have long-term consequences if not approached carefully. It is essential for homeowners to be fully aware of the risks involved before proceeding with refinancing. In this article, we’ll explore the potential risks of refinancing your mortgage for Canadian homeowners, helping you make a well-informed decision.