Mortgages by Carolann Young

Carolann Young || October 11, 2024

Federal program introduces easier refinancing for homeowners adding rental suite

The federal government announced a new mortgage refinancing program designed to help homeowners add secondary suites—such as basement apartments or garage conversions. The...

Carolann Young || September 26, 2024

Big week for mortgage rules: Feds announce key reforms

It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...

Carolann Young || September 16, 2024

CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded

The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...

Carolann Young || September 11, 2024

Should You Switch Lenders at Mortgage Renewal?

When your mortgage term ends, you don’t have to stick with your current lender. This is a great time to explore other options and potentially save money with a "mortgage switch."What is a Mortgage...