Tag: mortgage rates
How your credit union mortgage can benefit community initiatives
Did you know that credit unions are collectively Canada’s second-biggest mortgage lender? In 2021 alone, they held a total of $131 billion in residential mortgages across the country. Did you…
How to choose the right mortgage option for you
Two-thirds of Canadians are homeowners, and just over half of those people have a mortgage. Whether you already own your home or you’re in the market to buy one, you…
How to use a mortgage calculator to budget better
Learn how to use ACU’s mortgage calculator to figure out how much mortgage you can afford, and what budget you should set before you start house hunting. A mortgage lender…
How much mortgage can I afford?
Before you even start hunting for a new home, the first question you need to ask is, how much mortgage can I afford? And by “afford,” we don’t mean how…
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Budget tips and tools for college and university students
There’s one subject many Canadian college and university attendees need to brush up on: how to budget as a student. In a 2023 Ipsos survey of 1,000 Canadian post-secondary students:…
Variable vs. fixed rate mortgages: Everything you need to know
When choosing a mortgage, comparing fixed vs variable rate mortgages has become a tough task in an era of fluctuating interest rates. Interest rates rise and fall, sometimes to extreme…
Humans vs. Robots: Which investor is better?
With all the buzz surrounding artificial intelligence, many people question how AI, personal finances and investment should intersect. As AI continues to revolutionize industries, including banking, many are pitting two…