Tridac Mortgages

As a Toronto mortgage broker working with home buyers, I’m often asked: “Do I need to pay for the CMHC (Canada Mortgage & Housing Corporation) insurance?” If you’re purchasing with less than a 20% downpayment, the short answer is “yes”.

I understand, as a Toronto homebuyer myself, the premium paid up front for the benefit of a mortgage lender seems unfair. While the couple of thousand dollar ...

Toronto mortgage broker, Chris Molder, updates the mortgage market conditions, rates, and what it all means to you, through his weekly mortgage video blog.