Everything Explained

Welcome to Mortgages Explained, your comprehensive guide to understanding the ins and outs of mortgages and the economics behind them. Whether you're a first-time homebuyer or looking to deepen your financial knowledge, our expert insights and educational resources will help you navigate the complex world of mortgages with ease and confidence.

Everything About Mortgages. Explained!

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    Home›Mortgage 101›Explained›Mortgage penalties & IRD Mortgage Penalties & the Interest Rate Differential (IRD), Explained Breaking a mortgage early can cost…
  • Inflation represented by rising graph and balloon.

    Home›Mortgage 101›Explained›Inflation Inflation, Explained (and What It Means for Your Mortgage) Inflation shapes almost everything about your mortgage — from…
  • Home›Mortgage 101›Explained›Negative amortization Negative Amortization on a Mortgage, Explained When mortgage rates climbed after 2022, thousands of Canadians discovered their…
  • Home›Mortgage 101›Explained›The approval process The Mortgage Approval Process in Canada, Step by Step Getting a mortgage doesn't have to be…
  • Home›Mortgage 101›Explained›Mortgage default insurance Mortgage Default Insurance in Canada, Explained If you're buying with less than 20% down, mortgage default…
  • Home›Mortgage 101›Explained›Mortgage stress test The Mortgage Stress Test in Canada, Explained The stress test decides how big a mortgage you…
  • Home›Mortgage 101›Explained›Debt service ratios (GDS & TDS) Debt Service Ratios (GDS & TDS) in Canada, Explained Two simple percentages decide…
  • Home›Mortgage 101›Explained›How mortgages are approved How Mortgages Are Approved in Canada: the 3 Things Lenders Check Getting approved can feel…
  • Home›Mortgage 101›Explained›Monoline lenders Monoline Mortgage Lenders in Canada, Explained Some of the best mortgage deals in Canada come from lenders…