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:
Should You Get a Reverse Mortgage or Sell Your Home? Read This First
Reverse mortgages can drain your home’s equity faster than you think. Here’s a step-by-step guide to explore cheaper, smarter alternatives before you commit.
Why 5-Year Fixed Big 5 Bank Rates Can Be Risky
Big 5 banks make 5-year fixed mortgages sound safe — until you try to break them. Learn how IRD penalties work, why they’re often higher than you think, and smart ways to reduce them before it’s too late.
What Happens to your Mortgage when you die? Here’s the truth.
Wondering what happens to a mortgage after death? It doesn’t vanish. Here's the emotional reality, lender rules, and why the estate must keep paying.
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.
If I Were Starting Real Estate Investing in 2025, Here’s Exactly What I’d Do
Wondering how to get started with real estate investing in Canada? This post breaks down exactly how I’d start today - from getting your down payment, to house hacking your first duplex, to scaling your portfolio. No fluff, no hype, just a real-world roadmap for first-time investors.
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.
New doctors, dentists and veterinarians can qualify for a mortgage in Canada using projected income before their full earnings show on paper. Here’s how medical professional mortgage programs work - and why many residents overpay in their first few years.