Blog
At Mortgage Teacher, we're dedicated to helping you make smart mortgage choices. Follow our blog to stay up-to-date on recent Canadian mortgage trends, latest mortgage news, and changes to mortgage rules. Our team of mortgage brokers offer the best advice for both first time home buyers and current homeowners on refinancing, renewals, construction, renovations, and more.
Feeling pushed into a fixed rate?
Canadian banks are trying to convince consumers to lock in their mortgage rates because more than 20 per cent of the home loans they have negotiated have become unprofitable, according to industry sources.
How important is Credit Score when qualifying for a mortgage?
Credit Score also known as Beacon Score is definitely one of the key components when qualifying for a mortgage.
Hi Michael, Should I lock in if I have a variable rate mortgage?
NO…. But please read why, it is your decision at the end of the day. Well with that question, I am assuming you are in a variable rate mortgage.