Should You Co-Sign or Co-Borrow on Your Child’s Ottawa Mortgage?
A co-borrower owns a share; a co-signer backs the loan. Either way you owe the full balance. Here’s what it does to your own borrowing, the refund and your exit.
I Pay Myself a Salary From My Own Company. Why Am I Self-Employed?
Own the company that pays your T4? Lenders treat you as self-employed. Which tax years count in Ottawa, and why cutting your salary can lower what you can borrow.
Your Bank Declined Your Refinance Over the Stress Test. Now What?
A refinance can lower your payments and still fail the stress test. Here’s why banks decline it, and what Ottawa homeowners can do next.
Can You Get a Mortgage Right After Starting a New Job in Ottawa?
Yes. Lenders want permanent, guaranteed income, not years at one employer. Here’s how probation, federal term jobs and your debts change what you qualify for.
What Are Closing Costs in Ottawa, Including Ontario Land Transfer Tax?
Ontario land transfer tax is $7,475 on a $550,000 Ottawa home, and first-time buyers get up to $4,000 back. Every closing cost, worked at two example prices.
The Bank of Canada Raised Rates to 2.50%. What Does It Mean for an Ottawa Mortgage?
The Bank of Canada raised its rate to 2.50% on October 28, 2026, and prime goes to 4.70%. On a $500,000 variable mortgage that’s about $68 a month more.