Mortgage rates in Ontario have been on a rollercoaster over the past few years. Whether you’re buying your first home, renewing your mortgage, or considering a refinance, it’s more important than ever to understand how these rates actually affect your monthly payments, long-term costs, and financial strategy.

If you have bad credit, the idea of getting approved for a mortgage might feel out of reach. Maybe you’ve had missed payments, a high credit card balance, or went through a tough financial period. But here’s the good news: bad credit doesn’t mean no mortgage. It just means you need the right strategy—and the right mortgage partner on your side.

 

Being self-employed in Canada comes with a lot of freedom—but when it’s time to apply for a mortgage, that freedom can sometimes feel like a disadvantage. If you’re running your own business, freelancing, or earning income from contracts or side hustles, you may already know that lenders don’t always see your income the way you do.