Mortgages & refinancing

Why Ontario First‑Time Buyers Should Choose a 5‑Year Fixed Mortgage

When Maya signed her offer on a modest Toronto condo last month, the first question she asked her lender was: “What will my payments look like if rates jump next year?” Her answer came in the form of a five-year fixed mortgage - a thermostat-like setting that keeps the heat

Mortgages & refinancing

Ontario Mortgage Refinancing 2024: Rates, Strategies, and Savings Checklist

Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making investment decisions. Understanding Ontario’s Current Mortgage Landscape Ontario homeowners can now lock in a 5-year fixed rate of roughly 5.3% and a variable rate near 4.