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My Mortgage Blog — Latest Posts
Do mortgages vanish when people pass away?
The short answer is no. It may seem like a morbid thought, but the fact is, for most people, their mortgage is the largest debt they’ll carry in their lifetimes. As a result, many...
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British Columbia’s “cooling-off period” now in effect
As of January 1, 2023, British Columbia became the first jurisdiction in Canada to implement a rescission period for real estate transactions, also known as a "cooling-off period.” The amendments...
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Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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Millennials need help with home ownership
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...
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