Loan Types

If you’re having trouble saving up a large enough down payment to purchase a home in Canada, you’re not alone! Home price increases have been far outweighing wage boosts for several years. Thankfully, there’s a rent-to-own option that may help…

Key Takeaways A mortgage rate lock lets you hold an interest rate for a set period of time, usually up to 120 days.(unless you work with nesto for your renewal or new purchase, you can get 150 day lock in…

Wondering what’s next for interest rates after the September 7th Bank of Canada (BOC) announcement? Not so sure if you should go fixed or variable rate in 2022? Today we sat down and chatted with Chase Belair, nesto’s Co-Founder, and…

What is an Amortization Period?  The amortization period is the time needed to pay out the full mortgage loan, based on regular payments at a certain interest rate. A long amortization period makes each monthly payment smaller, but the interest…

*This article is for educational purposes only. Mortgage payment deferrals and suspensions are available for customers experiencing financial challenges. Please be advised that this will impact the interest rate, the balance, and the remaining term. Get in touch with one of…

Key Takeaways Realtors and real estate agents help homebuyers and sellers facilitate an easier home sale that is fully compliant with regulationsRealtors can act on behalf of a buyer to research, view, make offers, negotiate, and close on a home.If…