Topic

Mortgage

Mortgage rate guides for home buyers

Building Your Down Payment, One Piece at a Time

Saving for a down payment can feel overwhelming, but it becomes more manageable when you break the goal into smaller pieces. Learn how to set a realistic savings target, find room in your budget, use programs such as the FHSA and Home Buyers’ Plan, and make the most of savings accounts and GICs as you work toward buying a home in Canada.

Oct 5, 2026 · 11 min read

CanadaMortgage

Understanding a Mortgage

A mortgage has several moving parts beyond the interest rate. This guide explains the fundamentals of Canadian mortgages, including down payment requirements, mortgage insurance, principal and interest, amortization, mortgage terms, fixed and variable rates, and open versus closed mortgages.

Aug 25, 2026 · 6 min read