Open, closed, fixed, variable. Let me break down the basic differences. Closed Mortgages Closed mortgages have lower rates compared to open …
Finance
How much is my home worth?
That's the million dollar question. Quite literally, if you live in Toronto. There are many factors that affect your home's value. People often think …
Who pays the land transfer tax?
The dreaded land transfer tax! Unfortunately, when you purchase a home you will need to pay the land transfer tax. And, if you're buying in Toronto, …
Can I really put down 5%?
Well...it depends. There are some minimums to placing a down payment and you'll find them listed below. Mortgages under $500k - 5% Mortgages …