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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

Is this banking crisis over?….. if so, will rates go up?

Is this banking crisis over?….. if so, will rates go up?

Great Question, some are saying the crisis is coming to an end, read below to find out what some economists are saying, jobs and housing still has a way to go, but when “may” rates go up?… The good ne...

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What is new and different about a Tax deductible Mortgage?

What is new and different about a Tax deductible Mortgage?

I wouldn’t say its “new” but these techniques have only been used to make the rich, richer. It is a method of designing your finances that extends the remarkable benefits of debt conversion to almost ...

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Given that mortgage rates are so low right now, should I switch from my higher fixed rate to the current lower rate ?

Given that mortgage rates are so low right now, should I switch from my higher fixed rate to the current lower rate ?

Great Question Shawn.. this is exactly what most Canadians seem to be asking too….. The good news is “probably”…. But please let me explain why,you want to look MUCH deeper into your numbers and MAKE ...

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Why would the bank be charging a higher interest rate than what is the going rate today? They quoted me a rate of 6.55%

Why would the bank be charging a higher interest rate than what is the going rate today? They quoted me a rate of 6.55%

Well Carrie, it’s GREAT to see you are asking the right questions. Many consumers have been asking this for years. The banks system “seems” to be…. We’ll quote you a high rate, and (hopefully you sign...

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How important is Credit Score when qualifying for a mortgage?

How important is Credit Score when qualifying for a mortgage?

Credit Score also known as Beacon Score is definitely one of the key components when qualifying for a mortgage.

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Is it true OMAC Mortgages in London has the "lowest rates" ?

Is it true OMAC Mortgages in London has the "lowest rates" ?

OMAC Mortgages is a group of high volume mortgage brokers who pool together with the lenders to help lower rates from the major banks.

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