October 29, 2019

Principal and interest are the two components that make up a mortgage payment. Principal is the portion of your payment that goes towards paying down the outstanding balance of your mortgage. Interest is the other portion of your payment which goes directly into the po...

August 31, 2019

We are currently in a very unique situation when it comes to 5-year fixed and 5-year variable interest rates. For the first time in almost a decade, the lowest 5-year fixed interest rate is more than 0.30% lower than the lowest available variable interest rate for new...

February 6, 2019

Wait! Not so fast...

Before you sign any Mortgage Renewal Letters, give your mortgage broker a call! 

Most mortgages start out with a 30-year life span and this is referred to as the amortization. During this time, you will have numerous opportunities to renew your term....

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