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  • Review our handy mortgage glossary of common phrases that newbie buyers need to know. Here’s an A-Z guide to the key mortgage speak you’ll be using in the weeks and months to come...
  • When looking to buy your first home, the size of your down payment will help determine which mortgage option is best suited for you.
  • A conventional mortgage in Canada normally requires a down payment of at least 20% of the purchase price. When homebuyers have less than 20% for a down payment, Mortgage Insurance allows them to secure a mortgage for their home purchase.
  • Before you take your first step towards buying a home, it is important to determine what you can afford and then decide which mortgage type works best for you. Here are some basic mortgage terms that you need to know...
  • For many people, the hardest part of buying a home is saving enough money for a down payment. The bigger the down payment, the smaller the amount of your mortgage loan. If you've arrived in Canada within the last 36 months or less, you may qualify for Genworth's New To CanadaTM product,…
  • Applying for your first mortgage can seem like trial by fire. Writer Carla Wintersgill shares what she learned in the process...

Achieve the homeownership dream sooner