Canadians have seen interest rates rise considerably this year and those not on a fixed interest rate mortgage have seen their regular mortgage payments rise along with them.  All the talk in the media, and rightfully so, is about the rise in mortgage payments, but what often gets overlooked is the longer-term impact to your financial health and retirement savings.

We have all heard stories about mortgage payments rising by $1,000 per month, but what about the impact of higher interest rates to service a mortgage over its lifetime?

Original Article Source Credits:  Canadian Mortgage Trends, https://www.canadianmortgagetrends.com

Article Written By:  Steve Huebl

Original Article Posted on:  July 20, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/07/majority-of-canadian-buyers-borrowing-their-maximum-approved-mortgage/

Twenty-five or thirty years can sound like an impossibly long time to service a loan – and for many of us, it is. If you are looking to pay off your mortgage faster, here are some tried-and-true tactics to get you to financial freedom that much sooner!

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  DECEMBER 23, 2020

Link to Original Article:  https://betterdwelling.com/flight-to-the-burbs-every-real-estate-market-in-ontario-is-outperforming-toronto/

Original Article Source Credits:   Huffington Post , https://www.huffingtonpost.ca/

Article Written By:   Daniel Tencer

Original Article Posted on:  11/19/2020

Link to Original Article:  https://www.huffingtonpost.ca/entry/house-price-index-canada_ca_5fb684dac5b66cd4ad426a78

Original Article Source Credits:   CNBC, https://www.cnbc.com/

Article Written By:  Cory Stieg

Original Article Posted on:  October 27, 2020

Link to Original Article: https://www.cnbc.com/2020/10/27/does-buying-a-home-make-you-happier-psychology-of-home-ownership.html

Original Article Source Credits:   Move Smartly, https://www.movesmartly.com/

Article Written By:  David Larock

Original Article Posted on:  September 14, 2020

Link to Original Article:  https://www.movesmartly.com/articles/bank-of-canada-confirms-ultra-low-mortgage-rates-are-here-to-stay

Original Article Source Credits:   MorningStar, https://www.morningstar.ca/

Article Written By:   Vikram Barhat

Original Article Posted on:  October 19, 2020

Link to Original Article:  https://www.morningstar.ca/ca/news/206427/should-you-break-your-mortgage-for-a-lower-rate.aspx

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  October 7, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/10/latest-in-mortgage-news-september-another-blockbuster-month-for-gta-gva-real-estate/

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