Mortgage Agent vs Mortgage Broker: What’s the Difference in Canada?
If you’re starting your home financing journey, you’ve probably come across the terms mortgage agent and mortgage broker. While they might seem interchangeable, there’s actually a key difference between the two in the Canadian mortgage industry. Knowing who you’re working with can affect your experience, your options, and even your approval timeline. At Mortgage Squad, […]
How HELOC Interest Rates Work in Canada (and Why They’re Rising)
A Home Equity Line of Credit (HELOC) allows Canadian homeowners to borrow money using the equity in their home. Think of it like a credit card backed by your property. You can borrow up to a limit and only pay interest on the amount used, not the total approved amount. In Canada, most federally regulated […]
How a Mortgage Agent Helps You Get Pre-Approved for the Best Rate
Getting mortgage pre approval Canada is one of the smartest first steps before buying a home. But did you know that working with a mortgage agent for pre-approval can make the process faster, smoother, and help you access the best mortgage rate Canada? At Mortgage Squad, we don’t just handle paperwork, we offer expert support […]
Best Mortgage Rates in Canada 2025 – What to Know Before You Lock In
Looking to buy your first home in Canada this year? You’re not alone. 2025 is shaping up to be a big year for first-time homebuyers, especially in Ontario, where market activity is on the rise. But with interest rates in flux and lenders competing hard, locking in the right mortgage rate can save you thousands […]
Why Getting a Mortgage in Canada Is Easier Than You Think: 6 Big Benefits
Buying a home in Ontario may sound overwhelming, especially with rising interest rates and stricter lending rules. But here’s the good news: getting a mortgage in Ontario is easier than most first-time buyers think, if you know where to look and how to approach it. Let’s explore six real benefits that make securing a home […]
Facing Foreclosure in Ontario? Here’s How to Save Your Home
Foreclosure is a stressful situation that many Ontario homeowners may face, but the good news is that there are steps you can take to save your home and protect your financial future. If you’re worried about losing your house, acting early and understanding your options is key. This guide explains what foreclosure means in Ontario, […]
Behind on Property Taxes? How to Stop a Tax Sale in Canada
Falling behind on property taxes can be stressful and overwhelming for many Canadian homeowners. If left unpaid, property taxes can lead to a serious consequence called a tax sale, where the government has the legal right to sell your property to recover unpaid taxes. But don’t panic! There are ways to stop or prevent a […]
Understanding Canada’s 2025 Mortgage Stress Test Made Easy
Navigating Canada’s housing market in 2025? Whether you’re a first-time homebuyer or renewing your mortgage, the Mortgage Stress Test is something you can’t afford to ignore. Let’s break it down, simple, clear, and Canadian. What Is the Mortgage Stress Test in Canada? The Mortgage Stress Test is a financial check introduced by the federal government […]
Should You Lock In Your Mortgage Rate Now? What Canadian Experts Say
Deciding when to lock in your mortgage rate is one of the biggest financial choices you’ll make as a Canadian homeowner or first-time buyer. It’s a bit like walking a financial tightrope, on one side, fixed mortgage rates offer steady, predictable payments that protect you from future interest rate hikes. On the other hand, variable […]
Picking the Right Broker or Agent – It’s About Skill, Not Geography
When you’re preparing to buy a home, refinance, or invest in property, one of your first steps will be choosing a mortgage professional to guide you. Many people instinctively look for someone nearby, a broker or agent in their neighbourhood. While working with a local professional can feel comforting, the truth is the best mortgage […]