Hi again! I had such a great response last time I thought I would poll again! We have found a property, and now are slightly confused about which direction to go with our mortgage. We are using our LOC for a 20% down payment. What is everyones opinion in the area of mortgage rates, we have...

What do you do Steve?

Also, I have no intention with going ahead with the 5% at all now. Thank you!

Thank you do much for the prompt responses from everyone. I already have a preapproved loc for 70,000. I do have money in TfSA's as well. Im a little confused. Is refinancing my home a better option than loc? Btw, we are not arguing, I was told that was a way we could be approved for the 5%...

Hi there. I'm looking for some advice as a newbie ready to jump into the market. I own my principle residence valued at approx 425000 with 206000 remaining. I'm looking at rental properties in Oshawa bowmanville area. Have been offered two types of mortgages by tow different lenders. 1 as a...