Mortgage Tips & Real Advice for Canadian Homebuyers
Everything Canadian homebuyers, investors, and refinancers need to know - straight from a licensed broker.
Recent Blog Posts by Jeff Dinsmore, Mortgage Broker:
Read more blog posts below:
Car Loan Refinancing in Ontario: How to Remove a Co-Signer or Reduce Payments to Boost Your Mortgage Approval
If a car loan - yours or one you co-signed - is crushing your mortgage approval, you don’t have to pay it off or give it up. Discover how Ontario vehicle loan refinancing can remove co-signers or slash payments in just days.
Collateral Charge Mortgages: Smart Setup or Sneaky Trap?
Thinking of taking a mortgage with a collateral charge? It could unlock future borrowing options… or quietly limit your ability to switch lenders later. Here's what you need to know before you sign.
What’s the catch on the 1.99% 6 month interest rate?
Some lenders are offering 6-month teaser mortgage rates as low as 1.99% — but what’s the catch? In this post, I pull back the curtain on how these rates work, the penalties for leaving, and why it could trap you into higher payments later. A must-read before you sign anything.
40-Year Amortizations: What They Are, Who They're For, and Why They're Making a Comeback
40-year amortization mortgages are back. Learn how this growing trend can help reduce monthly payments, why lenders like CMLS and Equitable are offering them, and whether they’re a smart choice for you.
Are Mortgages Haram? What Muslims in Canada Need to Know
Wondering if mortgages are haram? This post breaks down Islamic views on interest, how halal mortgages work in Canada, and what options are available for faith-conscious buyers.
In July 2025, Canada shed 41,000 jobs (the worst performance in over three years) driving the unemployment rate to 6.9%. Analysts from BMO, CIBC, and Capital Economics say the weakness increases the odds of a Bank of Canada rate cut on September 17, now priced at 38–40% probability, with markets expecting two cuts before year-end. U.S. inflation at 2.7% and falling Canadian bond yields suggest mortgage rates could drop soon.