Share Last week, I gave you some tips on mortgage calculators to use to determine how much money you could save if you break your mortgage and try to get one with a lower interest rate. This week, to continue the discussion, I’ll provide you with some online calculators that can help you find the [...]
Share Despite the recession, average home prices have been rising throughout the last decade. In contrast, wages have generally not kept pace with the rising cost of owning a home. The result has been that home buyers, particularly new home buyers, have been choosing longer amortization periods for their mortgage. Traditionally, Canadians have done 25-year [...]
