Becoming a homeowner is one of the biggest decisions you’ll ever make, and we’re excited to help you through it. It might seem daunting but you’ll be a home ownership expert by the time you finish reading.
March 8, 2023
The LowestRates.ca writing team focuses on telling original stories and bringing you the latest news in the world of personal finance.
April 6, 2023
Setting out to buy your first home is one of the more exciting parts of adulthood, often accompanied by great pride and ... Read more
February 23, 2023
In a high-interest market, prospective buyers can use all the help they can get. Luckily, the Government of Canada offer... Read more
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November 16, 2022
If you haven’t reached the closing date of your current home by the time you want to buy a new one, a bridge mortgage ... Read more
For those approaching their mortgage renewals, the current interest rate environment is much different than it was five years ago. You’ll want to do all you can to make your mortgage payments more affordable when you renew.
March 7, 2023
5-minute read
Michelle Bates is an editor/writer in the personal finance space. Her work has also been featured in Cottage Life magazine and on CottageLife.com. In her spare time, Michelle enjoys thrifting home decor, attending live shows, and playing with her Yorkie/Shih Tzu, Freddie, at the park.
March 14, 2023
The mortgage conditions you require may have changed since you first started your term, or you may need a more affordabl... Read more
January 26, 2023
Before accepting your current mortgage lender's offer to renew your loan, shop around. You might be able to negotiate a ... Read more
September 22, 2022
As a homeowner, losing your source of income is doubly stressful. And if your mortgage is up for renewal, you may not kn... Read more
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March 2, 2023
5-minute read
Given the current state of interest rates, it’s fair to say it’s still difficult to gauge whether now is a good time to make any sudden mortgage moves. While higher interest rates continue to be a stressor for homeowners with variable-rate mortgages and those renewing fixed-rate mortgages, those contemplating refinancing are between a proverbial rock and a hard place.
John Loeppky is a disabled freelance writer and editor who currently lives on Treaty 6 territory in Saskatoon, Saskatchewan. His work has been published by the likes of CBC, FiveThirtyEight, Teen Vogue, Insider, and a host of others. His goal in life is to have an entertaining obituary to read.
April 21, 2022
Refinancing your mortgage can be a great way to lower your interest rate, consolidate and pay off debts, or even access ... Read more
February 10, 2021
When a marriage ends, there’s no shortage of things that spouses suddenly need to split in two: their finances, their ... Read more
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As a homeowner, you might decide to refinance your mortgage for various reasons, but this often comes with some stiff fees. The good news is, there is a way to avoid these fees. Enter the blended mortgage.
March 2, 2023
6-minute read
This article has been updated from a previous version.
As a homeowner, you might decide to refinance your mortgage for various reasons, but this often comes with some stiff fees.
Caitlin McCormack is a writer based in Toronto. Her work has appeared in MSN, Food Network, HuffPost, What to Expect, Today's Parent, and Mashable, among others. When she isn't writing, she's busy chasing after her two sons, testing out new recipes, and working on her century-old fixer-upper.
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April 27, 2023
The big benefit of a conventional mortgage loan is that you have immediate equity in your new home. Let's explore the in... Read more
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March 30, 2023
When it comes to selecting a mortgage, you're usually asked to choose between a fixed rate and a variable rate. But did ... Read more
July 21, 2022
For older Canadian homeowners, a reverse mortgage can be the perfect way to generate tax-free funds without sacrificing ... Read more
In a high-interest market, prospective buyers can use all the help they can get. Luckily, the Government of Canada offers a number of assistance programs that can make the financial pain of that big purchase a little easier to handle.
February 23, 2023
10-minute read
This article has been updated from a previous version.
It’s no secret that Canada’s housing market is feeling the effects of high inflation and Bank of Canada’s eight successive interest rate hikes.
H.G. Watson is a writer based in Toronto. Her work has appeared in Chatelaine, Vice, Flare, Maisonneuve, The Walrus and more. You can find her at @hg_watson on Twitter.
April 6, 2023
Setting out to buy your first home is one of the more exciting parts of adulthood, often accompanied by great pride and ... Read more
March 8, 2023
Becoming a homeowner is one of the biggest decisions you’ll ever make, and we’re excited to help you through it. It ... Read more
November 16, 2022
If you haven’t reached the closing date of your current home by the time you want to buy a new one, a bridge mortgage ... Read more
While Lyft and Uber provide commercial insurance that covers you while you’re providing the service, you’re still required to have your own insurance when using your vehicle for personal reasons.
February 14, 2023
8-minute read
This article has been updated from a previous version.
Renee Sylvestre-Williams is a finance and business reporter. In her more than 10 years of journalism, her work has been published in the Globe and Mail, Flare, Canadian Living, Canadian Business, the Toronto Star and Forbes. She also publishes a biweekly newsletter, The Budgette, where she provides financial education for single earners.
June 19, 2023
The first few questions that come to mind for most drivers are: What kind of car insurance do I need? And how much cover... Read more
June 1, 2023
Generally, the riskier you're seen to insure, the higher your premiums will be. But some drivers are considered too high... Read more
