Blog

The latest from the team at Patching Mortgage

General
Dan

Mortgage where you can overpay

Many lending institutions allow borrowers to make additional payments to their mortgage. These are commonly known as pre-payment privileges and allow you to pay down

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General
Dan

Who sets mortgage rates?

In Canada, mortgage rates are influenced by various factors, and they are primarily set by individual financial institutions, such as banks and credit unions. Here

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General
Dan

What mortgage can I afford?

Determining how much mortgage you can afford involves considering several factors, including your income, expenses, down payment, and other financial obligations. Here are some key

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General
Dan

Can mortgage payments be deferred?

The availability and terms of mortgage deferral programs can vary among lenders, and they are typically subject to negotiation with individual financial institutions. We would

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General
Dan

Mortgage Types

There are many Financial Institutions and many financing options available from each of these lenders. Below is a brief overview of the main categories of

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