Posts from the ‘Borrower Beware’ Category

May 28, 2018

Not All Variable-Rate Mortgage Contracts Are Created Equal

Canadian borrowers are well advised to look carefully at the terms and conditions in their mortgage contract because two mortgages with the same headline rate can come with very different associated costs. To help in that regard, today’s post highlights five important questions to ask when evaluating variable-rate mortgage products.
November 9, 2011

The Americanization of Canadian Credit

Today's post highlights two new clauses to watch for in the standard mortgage charge terms being used by at least one Big Five bank. It is also a reminder of just how costly blind loyalty can be.