Blogs
Get a Home Equity Loan: Step-by-Step Guide for Canadians
Home equity is more than a line on your mortgage statement—it’s borrowing power that you can unlock without selling your home. A home-equity loan, sometimes called a second mortgage, lets
The Hidden Cost of Minimum Payments on Credit Cards!
You know that little box on your credit card bill that says “minimum payment due”?Yeah… that’s the credit card company’s sneaky way of saying: “Don’t worry, just give us a
Average Home Prices Canada 2025: Trends & Regional Outlook
Canada’s national average home price sits at $672,784 (July 2025, CREA), a 0.7 % slip from June yet 0.6 % above July 2024. That single figure captures the tension many
Top Home Equity Loan Interest Rates & HELOCs in Canada 2025
For 2025, Canadian home-equity second-mortgage rates are averaging 6.20 %–13 %. HELOCs, meanwhile, sit at Prime plus 0 % to Prime plus 2 %, translating to roughly 6.70 %–8.70 %
How to become a Private Lender in Mortgages?
Becoming a private mortgage lender through a structured company like Private Lender Inc. and platforms such as MyRRSP.com usually means you can invest your own money (personal funds, corporate funds,
Home Equity Loan vs Second Mortgage—Which Is Right for You?
A home-equity loan hands you a single lump sum secured against the equity you’ve built in your property, with fixed payments for a set term and a lien that sits
What Is A Home Equity Loan? Rates, Terms And Risks Explained
A home equity loan is a lump-sum second mortgage that lets Canadian homeowners tap the equity in their property and repay it at a fixed rate over a set term.
12 Best Private Mortgage Lenders Canada for 2025
Private mortgage lenders in Canada are non-bank lenders that approve mortgages primarily on the equity in your property, not your credit score. Below you’ll find the 12 top-rated private lenders
Housing Affordability in Canada: Can We Ever Break Through?
1. The Current State: A Struggle for Many Canadians Canada continues to grapple with a profound housing affordability crisis. As of 2022, 1.7 million households (11.1%) were considered in core