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What Are Inflation’s Effects on Mortgage Rates?

What Are Inflation’s Effects on Mortgage Rates?

Inflation and mortgage rates might seem like big, intimidating words that only bankers use, but honestly, they’re just terms that explain how the economy around us is moving. If you’re a homeowner, a hopeful first-time buyer, or someone keen on investing in property, understanding what these words mean and how they affect you can be a real game-changer.

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FHSA Guide: How to Save for Your First Home

FHSA Guide: How to Save for Your First Home

The Tax-Free First Home Savings Account (FHSA) is a newly instituted initiative designed to help Canadians save for their first home purchase. Learn everything you need to know about FHSA, from its benefits and eligibility criteria to opening an account and making withdrawals.

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Your How-to Guide to Mortgage Refinancing

Your How-to Guide to Mortgage Refinancing

Your How-to Guide to Mortgage Refinancing Refinancing a mortgage can be a complicated process. Figuring out when and how to refinance your existing mortgage is essential and so is knowing your options. Luckily, the experienced team at The Mortgage Station are some of...

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Buying a Home: Conditional vs. Firm Offers

Buying a Home: Conditional vs. Firm Offers

The time has come - you’ve seen over 20 houses in the last couple of weeks and you have now found your dream home. You think to yourself, “this is the one; we cannot lose this deal.”  With the market being so competitive, sometimes the difference between a firm and a...

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Interest Rate vs. APR: Key Differences Explained

Interest Rate vs. APR: Key Differences Explained

The Difference Between Interest Rates and Annual Percentage Rates Interest rate and annual percentage rate (APR) are commonly interchanged due to the slight difference between their calculations. Nonetheless, they are different and important to understand when...

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