Personal Finance
Towards a Healthier Financial Future
Topic: "Mortgages"
← Curating the web to find the most interesting and helpful
information about your money.
Word of the week
Collateral
Capital or asset pledged to a bank or other lender in the event that the borrower is unable to make all of the repayment instalments on a loan.
Collateral Definition, Types, & Examples →Infographic of the week
Which Cities Have Bubble Risk in Their Property Markets?
Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.
The UBS Global Real Estate Bubble Index →Word of the week
Amortization
The amortization period is the length of time it takes to pay off a mortgage in full. The amortization is an estimate based on the interest rate for your current term.
Learn more on how your amortization period affects your costs →Saving
Tempted to buy a home with siblings or friends? Here’s what you need to know
Podcast: Stress Test by columnist Rob Carrick on what you should know before buying a home with others →Saving
Rising interest rates brought pain for new homeowners - and opportunity for house hunters
Podcast: Stress Test by columnist Rob Carrick and editor Roma Luciw →Serious stuff
The Bank of Canada has increased its benchmark interest rate to 5 per cent, the highest in 22 years.
What happens when interest rates rise in Canada. What does that mean for you →Fun stuff
"Champagne and rolled-up notes Prenups and broken homes"
What artist is on the top of our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.