Should You Renew or Refinance Your Mortgage?

If your mortgage term is coming to an end (and you’re one of millions of Canadians in that boat), you’re probably laser-focused on locking in a great rate. But while most folks automatically think about renewing, there’s another option that could seriously shift your financial game: refinancing. Let’s break it down in a way that actually makes sense—and helps you decide which move works best for you.

You Missed the Best Time to Buy—Now What?

Let’s be honest—2020 was a dream for homebuyers. Prices were lower, and mortgage rates hovered around 2.84%. But if you didn’t take the plunge, you’re not alone. Plenty of people held off, waiting for that so-called “perfect” moment.

Fast forward to today: prices have climbed, interest rates have bounced around, and some buyers are still on the sidelines. But here’s the deal—there’s no such thing as a perfect time to buy. There’s only the right time for you.

The Build Wealth Canada Podcast: Are You Overpaying on Your Mortgage? New Mortgage Rules, the Impact of Tariffs, and the Fixed vs Variable Rate Mortgage Dilemma

If you own a home, are thinking about buying or selling a home, or have a mortgage renewal coming up, today’s episode is here to help you make the best financial decisions in this changing market. Ultimately my goal is to save you some money when it comes to all this, or at least make things less stressful for you.

Lower Rate with Higher Penalty or Higher Rate with Lower Penalty?

When shopping for a mortgage, most people focus on one thing—getting the lowest interest rate. Makes sense, right? But what if life throws you a curveball and you need to break your mortgage early? That “great” low rate could end up costing you big time if the penalties are steep.

Secret Mortgage Hacks: Insider Knowledge From a Mortgage Broker | Capital Compounders Show (EP #13)

In this conversation, I share my journey with host Robin Speziale of paying off my mortgage in just over three years and discusses various strategies for home buyers in Canada. I highlight the importance of understanding mortgage types, the current challenges in the real estate market, and the role of mortgage brokers compared to banks.

The Burn Your Mortgage Podcast: How to Find Cash Flow Positive Rental Properties with Jelani Smith

In my interview with Jelani, we explore a range of timely topics in the real estate world, including current opportunities for investors, the potential of garden suites and fourplexes, and the implications of the increased price cap for insured mortgages, which has risen from $1 million to $1.5 million. We also discuss valuable advice for first-time homebuyers and those navigating buying and selling in today’s real estate market, as well as insights into the current state of the rental market.

The Burn Your Mortgage Podcast: 3 Not So Obvious Tips from an Experienced Landlord with Anthony Molinaro

In my interview with Anthony, we dive into the current state of the rental market, share pro tips for effective tenant screening, explore not-so-obvious advice from an experienced landlord, and discuss the pros and cons of investing in student rental properties.

The Burn Your Mortgage Podcast: Soft Saving and Loud Budgeting with Lesley-Anne Scorgie

In my interview with Lesley-Anne, we discuss what LA is writing about right now, considerations when upsizing houses, what are people doing with their careers to afford houses and what are the money hacks to own a home sooner.

The Burn Your Mortgage Podcast: Overcome Mortgage Application Document Frustration with Sam Khajeei and David Ford

In my interview with Sam and Dave, we discuss what is Fastkey and what are its many benefits and How Fastkey is helpful for borrowers (salaried employees, self-employed, etc.)

The Burn Your Mortgage Podcast: Credit Card Hacks to Maximize Your Home Renovation Rewards with Barry Choi

In my interview with Barry, we discuss moving up in the real estate market from a 2 bedroom condo to a 3 bedroom townhouse, becoming a landlord, making the most of your credit cards on home renovations and getting a mortgage as self-employed.