Wants to protect her future self Q: I just went on long-term disability but I’m worried. I didn’t get mortgage insurance, can I still get this type of insurance? — D. Evans, Ontario Steve Garganis, mortgage broker and editor of CanadaMortgageNews.ca: The answer is probably not. However, to be sure, check with your insurance[…]
Can raising minimum down payments cool overheated markets? In Canada, that’s like performing surgery with a broadsword (Getty Images / Baris Simsek) My two boys love a cartoon character named Mike the Knight. Every episode, the little lad and his friends break into song and dance as they navigate the tough decisions required to be[…]
A reader wants to help his parents and be debt-free sooner. Can he succeed with both goals? Q: We have a mortgage on our home that’s up for renewal this month. There are 23 years left on the amortization and $288,000 left on the mortgage. Should we stick with a fixed rate at 2.35% to 2.45%, or[…]
But how much cheaper is it than the $39K if you go with a realtor? The hot real estate markets in some of Canada’s largest cities are prompting more than a few sellers to stake For-Sale-By-Owner signs on their front lawns. You’ll save thousands, provided you don’t mind doing all the heavy lifting on your[…]