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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.

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Recent Articles

What can I do to maintain a high credit score?

What can I do to maintain a high credit score?

This is a GREAT question, your credit score can also be referred to as your Beacon Score or a Fico Score Your “Credit Score” is not just based on the usual approach of making the payments on time.

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Hey Michael, I’m shopping for a mortgage, am I not just looking for the lowest rate ?

Hey Michael, I’m shopping for a mortgage, am I not just looking for the lowest rate ?

A new court decision reminds us how critical it is when rearranging your debt to do so legally. It has been nearly six months since the Lipson decision, in which the Supreme Court of Canada effectivel...

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Some say the recession is ending, but will interest rates stay low?

Some say the recession is ending, but will interest rates stay low?

Recession may be over but growth will be limited next year Inflation and interest rates will remain low as economy recovers

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A reminder on the idea of making our mortgage tax deductible

A reminder on the idea of making our mortgage tax deductible

A new court decision reminds us how critical it is when rearranging your debt to do so legally.

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I would like to move forward with my pre-approval. What exactly will I need?

I would like to move forward with my pre-approval. What exactly will I need?

You will be required to provide the following list of information to your mortgage professional to finalize the mortgage

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With investments doing so poorly, would be to our benefit to pay down on our mortgage while we are below at such a low prime ?

With investments doing so poorly, would be to our benefit to pay down on our mortgage while we are below at such a low prime ?

Michelle, Great way of thinking…. I suggest YES, figure out a comfortable payment (maybe check what the payment was back when you signed up) and ask your lender (bank) to “hold the payment” at that co...

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