Buying a New Home Archives | The Mortgage Centre

Not all Mortgage Approvals are Created Equally

October 8, 2025October 9, 2025Buying a New Home, First Time Home Buyer, Mortgage Tips, Pre-approval

Not All Mortgage Pre-approvals Are Created Equally

Have you ever wondered what the qualification level of your mortgage advisor is? Their knowledge of mortgages can only come from experience. For this reason, […]

August 18, 2025October 29, 2025Buying a New Home, First Time Home Buyer, Mortgage Tips

The Best Time to Buy a New Home

If you are waiting for the perfect time to buy a new home based on market predictions, you are probably going to miss out. Make sure […]

September 16, 2024September 18, 2024Building a New Home, Buying a New Home, First Time Home Buyer, Mortgage Guidelines, Mortgage News Canada

30 Year Amortizations for First-Time Home Buyers

This week, the federal government announced several positive changes to mortgage rules. The measures are intended to make mortgages more affordable for Canadians and put […]

January 20, 2024January 20, 2024Buying a New Home, Financial Tips, Interest Rates, Mortgage News Canada, Mortgage Tips

The Rise of Short-Term Fixed-Rate Mortgages in Canada

While 5-year terms remain the preferred choice for many Canadians, there’s a noticeable uptick in interest towards short-term fixed-rate mortgages. Let’s dive into how your […]

January 14, 2024January 14, 2024Buying a New Home, Financial Tips, First Time Home Buyer, Interest Rates, Mortgage Guidelines, Mortgage News Canada

2023’s Top Mortgage Headlines

As we enter 2024, let’s dive into the top mortgage headlines influencing homeowners and prospective buyers in Canada. Interest Rate Rollercoaster: One of the top […]

December 6, 2023December 6, 2023Building a New Home, Buying a New Home, Interest Rates, Mortgage News Canada, Mortgage Rates

Rate Announcement December 6, 2023

The Bank of Canada announced it will keep its key interest rate at 5%, with the Bank Rate at 5¼%. This decision will keep the […]

November 9, 2023July 22, 2024Buying a New Home, Default Insurance, First Time Home Buyer, Mortgage Guidelines, Mortgage Insurance

What is Mortgage Default Insurance?

Why do most lenders require mortgage default insurance for home buyers purchasing homes with less than a twenty percent down payment? Canadian banks and most […]

September 4, 2023October 10, 2023Buying a New Home, First Time Home Buyer, Home Buying Experience, Mortgage Tips, Pre-approval

Do Your Homework and Get Pre-approved For a Mortgage

Shopping for a home without a mortgage pre-approval is like forgetting to do your homework. Good luck explaining to your real estate agent that your […]