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Mortgage Tips & Expert Advice

Stay informed with the latest mortgage news, tips, and insights from our experts.

Mortgage Rate Holds: How to Lock In Your Rate - Mortgage Tips mortgage article | Best Rates Canada
Mortgage Tips

Mortgage Rate Holds: How to Lock In Your Rate

Learn how rate holds protect you from rising rates during your home search and how to use them strategically.

Monika Tarnik-Jedrusiak Monika Tarnik-Jedrusiak
Dec 3
First-Time Homebuyer’s Complete Guide for 2024 - Mortgage Tips mortgage article | Best Rates Canada
Mortgage Tips

First-Time Homebuyer’s Complete Guide for 2024

Everything you need to know about buying your first home in Canada, from saving for a down payment to closing day.

Monika Tarnik-Jedrusiak Monika Tarnik-Jedrusiak
Dec 1
Buying a Second Home or Cottage in Canada - Mortgage Tips mortgage article | Best Rates Canada
Mortgage Tips

Buying a Second Home or Cottage in Canada

Everything you need to know about financing a vacation property, from down payment rules to rental income considerations.

Voytek Jedrusiak Voytek Jedrusiak
Nov 30
Bank of Canada Rate Decision: What It Means for Your Mortgage - Market Updates mortgage article | Best Rates Canada
Market Updates

Bank of Canada Rate Decision: What It Means for Your Mortgage

Breaking down the latest interest rate announcement and how it affects variable and fixed mortgage rates.

Voytek Jedrusiak Voytek Jedrusiak
Nov 28
GDS and TDS Ratios Explained: How Lenders Qualify You - Financial Advice mortgage article | Best Rates Canada
Financial Advice

GDS and TDS Ratios Explained: How Lenders Qualify You

Understand the debt service ratios lenders use to determine your mortgage eligibility and how to improve your numbers.

Monika Tarnik-Jedrusiak Monika Tarnik-Jedrusiak
Nov 28
Monoline Lenders vs Big Banks: What’s the Difference? - Mortgage Tips mortgage article | Best Rates Canada
Mortgage Tips

Monoline Lenders vs Big Banks: What’s the Difference?

Discover why mortgage-only lenders often offer better rates and terms than major banks, and when each makes sense.

Voytek Jedrusiak Voytek Jedrusiak
Nov 25
Breaking Your Mortgage to Switch Lenders: Is It Worth It? - Mortgage Tips mortgage article | Best Rates Canada
Mortgage Tips

Breaking Your Mortgage to Switch Lenders: Is It Worth It?

Calculate whether the penalty to break your mortgage is worth it to get a better rate elsewhere.

Monika Tarnik-Jedrusiak Monika Tarnik-Jedrusiak
Nov 22
Spousal Buyout Mortgages During Separation or Divorce - Financial Advice mortgage article | Best Rates Canada
Financial Advice

Spousal Buyout Mortgages During Separation or Divorce

How to buy out your partner's share of your home during divorce and the mortgage options available.

Voytek Jedrusiak Voytek Jedrusiak
Nov 20
Stated Income Mortgages: Who Qualifies and How - Mortgage Tips mortgage article | Best Rates Canada
Mortgage Tips

Stated Income Mortgages: Who Qualifies and How

Understanding stated income programs for self-employed borrowers and how to qualify without traditional income proof.

Monika Tarnik-Jedrusiak Monika Tarnik-Jedrusiak
Nov 18