Residential Mortgage Guide

Residential Mortgage Guide

Mortgage Definitions Mortgage Type of loan when the lender takes Real Estate as security. Principal Is the amount of money you need to borrow Interest The cost of borrowing for the use of the funds Blended Payments Are equal payments consisting of principal and...

Managing Your Mortgage

What You Should Think About When Financing Your Home If you?re like most Canadians, your home is probably the most important investment you?ll ever make. Whether you?re buying a home or refinancing your existing home, making the right decision now can help save you...