DollarWise

Blog articles and news from shoptherate.ca

Category: Mortgages


Searching for a mortgage is about a lot more than simply finding the mortgage with the lowest rate. If you were searching for a new TV set, you wouldn’t just buy the TV set with the lowest price. You’d consider other factors like screen size, resolution and refresh rate. So, why do so many of us make this same mistake when it comes to our mortgages? We search for the mortgage with the lowest rate, ignoring other important factors.   Read More

Buying a home is an exciting experience and is usually one of the largest purchases you will ever make. When you decide to buy your first home, it is possible to let your emotions run the show.  All of a sudden, you are admiring homes listed on your home browsing app, surfing the internet in search of creative financing options, you’ll even find yourself scheduling for drive-bys and searching the web for the best financial options available to facilitate your home buying process.  Landing in a house you can’t afford is easy and can affect your ability to build wealth in the long run. In this article, we have researched and compiled some of the factors you need to consider when you are looking to buy your first home. Read on to find out the size of mortgage you qualify for.   Read More

More than any other generation before them, millennials put a special emphasis on their lifestyle. The way they live and work is so important to them that they will sacrifice a lot in order to have the exact life they want. We'll go through a few of the top cities in Canada for millennials to live in.   Read More

The demand for mortgage brokers, especially in Ontario, has continued to increase over the last several years as the market for real estate remains incredibly hot. There are a ton of people who are looking to buy properties, and they need help getting the money to make their purchase. This is where mortgage brokers come in, and this is where the opportunity is for you.   Read More

Mortgage brokers interact with several financial institutions so they provide numerous options and rates. Believe it or not, the rate that you will be able to get from these middlemen is often better than what you could find on your own as a borrower. But why do you actually need mortgage brokers? Keep reading to find out.   Read More