Wondering How Your Mortgage Payment is Divided?

Wondering How Your Mortgage Payment is Divided?

Many homeowners are surprised when they first learn how their mortgage payments are allocated. If you’ve been paying your mortgage for a few years, you may assume that each payment is steadily chipping away at your principal balance. In reality, during the early years...
What First-Time Homebuyers Need to Know in 2025

What First-Time Homebuyers Need to Know in 2025

If you’re buying your first home in 2025, you’re not alone in feeling the weight of the process. According to the latest Canada Mortgage and Housing Corporation (CMHC) Mortgage Consumer Survey, first-time buyers are taking a thoughtful, long-term approach – and...