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Understanding the Difference Between a Mortgage Term and Amortization

Understanding the Difference Between a Mortgage Term and Amortization

by Seun Adeyemi | Apr 30, 2018 | Debt Management, Mortgage

If you’re a homebuyer in the real estate market this spring, it’s important to know your mortgage lingo. Two of the most basic and important terms to understand are a mortgage term and amortization. While the term and amortization of your mortgage can be the same,...
Pay-down your Mortgage or Top-up your TFSA?

Pay-down your Mortgage or Top-up your TFSA?

by Seun Adeyemi | Mar 5, 2018 | Debt Management, Investing, Mortgage

The question of reducing debt or contributing to savings will continue to be debated for as long as people plan to retire in Canada. Of course opting for both: reducing debt and increasing savings is the ideal. As for which is better, however, really depends on the...

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