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My Mortgage Blog — Latest Posts
Have you ever wondered why the banks have such ridiculous posted mortgage rates?
The Interest Rate Differential (IRD), is a prepayment penalty, levied by lenders if you pay off your fixed rate mortgage before it matures or if you pay off principal, beyond the amount allowed by...
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Small Business Owner Programs
At the Mortgage Group, we believe that business owners are the back bone of the economy. Many lenders make it difficult for business owners to get mortgages since they do not seem to understand...
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RRSP Loan & Home Buyer Plan
What is the Home Buyers' Plan? The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 (per individual) fromyour registered retirement savings plans (RRSPs) to buy or...
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Mortgage Broker vs. Bank Mortgage Specialist
What's best for consumers?In addition to having access (directly or indirectly) the major Tier 1 banks in Canada, mortgage brokers also have access to many other provincially-regulated and private...
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