Posts from the ‘Product Commentary’ Category

  • The Variable-rate Mortgage – Temptress to Us All

    Last Updated on November 13th, 2017

    Ahh, the variable rate mortgage, temptress to us all. It offers you the lowest borrowing cost in exchange for the security of your locked-in rate. History shows that variable has been the right call for Canadians about 90% of the time, but for the other 10% of the time, history also shows you would have […]

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  • If we really are at the bottom of the current interest-rate cycle then borrowers need to start thinking differently about how they finance their mortgage debt. Locking in a good rate for as long as possible is well worth considering, and to that end, I offer a contrarian’s view of the ten-year fixed-rated mortgage.

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  • Readvanceables – How to Make Your Own Mortgage

    Last Updated on December 11th, 2018

    Do you want an off-the-shelf product or a customized mortgage that is designed to fit your specific profile? Many people aren’t aware that readvanceable mortgages offer you the flexibility to literally make your own mortgage. Check out today’s post to learn more.

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  • Why the Five-year Fixed-rate Mortgage is Overrated

    Last Updated on November 10th, 2017

    While the majority of Canadians still choose the five-year fixed-rate mortgage, do they do it because it’s the best product, or because it is more aggressively advertised? Today’s post explores whether the standard five-year fixed-rate mortgage is worthy of its top billing.

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