What r/MortgagesCanada is talking about this week

I know! First time buyer. Trusted my realtor and got this house. Two weeks later the roof is leaking from 5-6 spots, i.e., I can visibly see wet spots with some drops. Mould has appeared inside my...

BMO originally approved me for 530k mortgage for renewal that's coming up. Come signature time, agent says he wont give it for prime - 1 after the recent rate increase even though my current...

A couple of quick highlights from today's budget announcement. 1. 13 million in funding to the CRA to develop a tool to verify income on mortgage applications. It's gonna several years to come to...

!img Would banks reduce their 5 year offers somewhat, due to the change? I am not seeing a drop - maybe in the next few days?

Currently with td mortgage with 5.17 rate, term ending on April 1. TD is offering early renewal with 4.82 fixed for 3 years or 4.07 ( prime - 0.78) variable for 5 years. Remaining mortgage is...

Hi I am trying to understand HELOC ratio. Home value - $500k Remaining Mortgage is $285k How much Revolving HELOC could I qualify for? Your estimated HELOC eligibility Calculation Amount Home...

Hello all, We are renewing a mortgage for May 2027 and received renewal offers, most notably, 5y variable 4.05%, 3 year fixed 4.54% and 5 year fixed at 4.59%. This is on a mortgage with 20% down...

With TD until July 2027 on a variable p-0.95% with a HELOC balance I was looking to consolidate into my mortgage which has me looking at an early refinance, but with with a penalty of $2500 to TD...

5 years are almost up and we rode the wave until we couldnt. Mix of life circumstances put us into poor credit ratings. We were afraid we wouldn't be offered a renewal. A broker steered us to a B...

We owe 379000, me and wife are currently 25% 25% with my parents 25% 25%. we bought the house originally for 650000 we are 9 years into the mortgage and we are looking to keep the house while they...