If you want a ballpark estimate as to what you can afford when it comes to a mortgage, pre-qualification can be very helpful, but for more credible proof of what you actually qualify for, pre-approval is what you need.

Moving to a new neighborhood is sometimes tricky for all the family, and can involve a big adjustment. But there’s no better way to get accustomed to somewhere new and make new friends, than by getting out there and exploring it.

Purchasing a home to be used for vacationing purposes can be a smart investment, especially if you choose to rent it out for certain periods of the year. On the other hand, some Canadians aren’t concerned as to whether it’s a good way to spend their money, they simply want a home for friends and family to be able to gather together in during the holidays.

You may not know it, but while you can’t escape the commitment of regular mortgage payments, they don’t have to be monthly. Provided the fine print of your mortgage contract allows for it, you could pay off your mortgage quicker and save money on interest costs.

For the average Canadian, buying a home is impossible without the financial vehicle of a mortgage, and through the ensuing contract, they’re able to pay for a property in exchange for monthly payments, plus interest.

Do you dream of one day owning your own home, but worry that a poor credit score will make your dreams unattainable? Fortunately, even if you do have bad or bruised credit, there is a potential solution, and while there aren’t as many mortgage options out there for those with a poor credit score, there are some.

There are several ways in which homeowners can try and pay off their mortgage quicker, and some tend to be more successful than others. While a lot will depend upon your own personal and financial circumstances, here are 3 ways that might help you pay off your mortgage quicker:

For Canadian homeowners on their first mortgage, the term ‘mortgage refinancing’ might be a commonly heard one, and it refers to homeowners securing another loan to pay off their original mortgage.

While working with an experienced mortgage broker to help you find a great deal on a mortgage in Calgary is always a smart idea, there are a number of other things you can do to ensure that you get the best mortgage for your circumstances

Relationships and marriages don’t always succeed, and there may come a time in many of our lives when we are forced to separate from a partner with whom we share a property.