Did you know that 39% of millennials are expected to buy real estate over the next two years in Ontario according to RBC?
They make up the fastest-growing segment of buyers today!
With the student debt that a lot of millennials are carrying as compared to previous generations, the lack of supply and stringent lending policies, it seems that the real...
The period of time required to reduce a debt to zero when payments are made regularly. Amortization periods are most often 15, 20, or 25 years long.
Anniversary
Most lenders allow borrowers to make a payment on the anniversary of the mortgage. (For a mortgage assumed on June 1, a payment can be made every subsequent June 1 for the term of...