Mortgage glossary - Page 2 of 4

March 25, 2024 1 Comment

What is a bridge loan? Bridge loans, sometimes called bridge mortgages, are something I'm seeing a lot more often with my clients. A bridge loan is a short-term financing option designed to bridge

November 14, 2022 0 Comments

Do your own personal stress test There's been a lot of nervousness about the latest rendition of the mortgage stress test. There's now only a minimal purchasing power boost if you put more

September 6, 2022 1 Comment

Fixed or variable rate mortgage: is rate the only thing to look at? One of the biggest questions you'll face when planning your mortgage, is whether to lock in to a fixed rate

March 19, 2019 0 Comments

Thinking of buying a condo in Toronto? Here are the key points to know so you can understand the condo reserve fund. First, what is a condo reserve fund? A portion of every

July 30, 2017 3 Comments

What's a home appraisal? And why might I need one? These days, when you're arranging a new mortgage, it's become common for the mortgage lender to request an appraisal of the property.  People