Posts from the ‘Product Commentary’ 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.
August 10, 2011

Large Mortgage Loans and the Sliding Scales Used to Underwrite Them

Lenders use additional scrutiny when underwriting large mortgage loans, and most will apply a sliding scale on large conventional loans which limits the amount you can borrow. Today's post details how sliding scales work and offers some other useful tips to anyone considering a mortgage of $750,000 or more.