Tag Archives: refinancing mortgage

Are You Stressed Out by Mortgage Stress Tests?

Posted on April 1, 2019 by tracyirwin

Considered a “one size fits all” tool, the Mortgage Stress Test affects all homeowners alike, regardless of whether you are a first-time home buyer or homeowner preparing to renew* or refinance their mortgage. *Homeowners renewing their mortgage financing who fail … Continue reading →

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Challenging shorter mortgage amortization periods

Posted on September 16, 2014 by tracyirwin

Are they always the right choice? Standard amortization on a mortgage in Canada is 25 years. But, if you have at least 20% home equity, most lenders will offer you 30, and a handful will offer you a 35 year … Continue reading →

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