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.
Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.
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.
Tempted to buy a home with siblings or friends? Here’s what you need to know
Rising interest rates brought pain for new homeowners - and opportunity for house hunters
The Bank of Canada has increased its benchmark interest rate to 5 per cent, the highest in 22 years.
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Listen to our Neontrack playlist when you have music and money on your