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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.
Mortgage Teacher Referral Program
We here at Mortgage Teacher have always grown our business from friends and associates in the hockey network...and now we want to give back!
With the current rate increase, how does this affect my mortgage penalty?
Now that the dust has settled and all the lenders rates have been adjusted, the next question we have passing through the Mortgage Teacher office is “How does the rate increase affect my mortgage penalty?”
BREAKING: Bank of Canada raises overnight interest rates 0.25%
This is the second time since July 6th that all of the variable interest rates are going up 0.25%.
Foreign buyers tax, expanded rent control coming to Ontario
Ontario's Liberal government will slap a 15 per cent tax on home purchases by non-resident foreigners and will expand the province's existing rent control system to cover all tenants.