Mortgage Brokers Articles | shoptherate.ca Blog
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Mortgage Brokers Articles


The mortgage stress test has placed stress on many would-be homeowners since its implementation early last year. But recent changes to the test’s format will make it a bit easier on homeowners.   Read More

As an increasing amount of condominium buildings are populating Toronto’s skyline, buyers are getting in on the action. For a (sometimes hefty)  price, you too can live in the city’s downtown core in a unit of your own in one of many built or soon-to-be-built towers.   Read More

When your mortgage term is nearing its expiration, you will need to renew it for a new term if there is still a balance remaining on it. The mortgage renewal process provides you with an opportunity to reassess your current mortgage product in relation to your financial standing and goals.   Read More

Mortgages are a big commitment. Both you and the lender are legally bound to the mortgage for the duration of the term. But there are cases where you may consider breaking your mortgage contract. How exactly can you get out of a mortgage without a penalty, and if so, is it worth it? Read on to find out.   Read More

When your mortgage term is close to expiration and the principal is still not paid off, you must renew the mortgage. You can either renew it with your current lender or move it to a different one. What happens if you don’t renew your mortgage with your lender?   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