Buying a home is a major milestone, and understanding your mortgage is key to financial success. One crucial element is your amortization period. But what exactly is amortization, and how does it affect your monthly payments and overall interest costs? Let’s break it down and explore how adjusting your amortization period, with the help of…

Retirement is a milestone that many look forward to, offering the chance to enjoy more leisure time, travel, and quality time with loved ones. But for some, managing finances during retirement can be a challenge, especially if home equity is a significant part of their financial picture. That’s where a reverse mortgage can become a…

As the Canadian real estate market continues to evolve, many homebuyers and homeowners wonder what to expect with home prices in the coming months and years. With various factors influencing the market, understanding these dynamics can better prepare you for your next decision, whether you’re looking to buy, sell, or refinance. Here’s a comprehensive look…

What Canadian Homebuyers Need to Know When embarking on the journey to homeownership in Canada, understanding key financial concepts is crucial to making informed decisions. One such concept is amortization—a term frequently mentioned in mortgage discussions but often misunderstood. In this blog post, we will demystify amortization and explain its significance in the Canadian mortgage…

One of the best reasons to work with a mortgage professional is that I work with a wide variety of lenders. Unlike your local bank branch, which can only offer you a mortgage (and mortgage rate) from their own suite of products, I have access to many different lenders. When we review finance options, you…