Mortgage

What Is Mortgage Insurance?

What is mortgage insurance? When does it apply to me? Mortgage insurance is a premium that’s added to your mortgage when you have less than 20% down. It unfortunately doesn’t protect you, but protects the lender in the even of default. Here’s what you should know about mortgage insurance:

Housing market

What The Heck Is Going On With The Housing Market?

The housing market does not make any sense right now. How does the province of Alberta have a 20% effective unemployment rate (taking into consideration underemployment), while the Canadian central bank has bought $180 billion of Government of Canada bonds (quantitative easing), we are in round 2 of a worldwide pandemic, and the housing market …

What The Heck Is Going On With The Housing Market? Read More »