For many Canadians, income no longer comes from a single source. Between side hustles, rental suites, investments, and government benefits, household income today is more diverse than ever, and that can actually strengthen your mortgage application. Most people assume lenders only care about their job salary. In reality, many lenders consider other steady and verifiable […]

A new global study finds Canadians wait longer than most young buyers worldwide to enter the housing market A new global analysis suggests Canada’s major metros are among the hardest places on earth for young people to buy their first home, with Vancouver, Toronto and Montreal ranking near the bottom of a 70-city affordability index. […]

In the industry’s early years, Canadians often turned to mortgage brokers only when their bank couldn’t help. Today, many go because brokers can access every bank and a wider range of products. While many of those traditional customers still rely on brokers, including newcomers, self-employed Canadians and those with credit challenges, brokers are now also […]

Canadians are increasingly turning to mortgage brokers and better understand what the channel offers. But despite that progress, some misconceptions continue. According to Mortgage Professionals Canada’s 2025 Consumer Survey, one-third of Canadians used a mortgage broker to secure their current mortgage. However, two-thirds say they’re at least somewhat likely to work with a broker in the […]

What’s driving the sharp renewal increase forecast for 2026 and how homeowners can prepare. A large wave of Canadian mortgages comes due through 2026. Bank of Canada staff estimate roughly 60% of outstanding mortgages will renew in 2025 and 2026. Five-year fixed borrowers who locked in during 2020 or 2021 face some of the biggest adjustments, […]

For many Albertans heading into retirement, the family home isn’t just where memories were made — it’s also where a big chunk of their wealth is sitting. Your home is likely your biggest asset, and while it offers stability, it can also tie up your money in space you might not really need anymore. That’s […]

As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan. By Ian Bickis They will also be benefiting from the 20% match on contributions to the plan, up to a set limit, because like other registered savings options, the government […]

A consumer proposal shouldn’t haunt your credit file forever. Learn how long it stays on record in Canada and what steps to take if outdated remarks are still holding you back. When you’ve worked hard to complete a consumer proposal and get back on your financial feet, it’s frustrating to still see remnants of it […]