Embarking on the journey of homeownership in Ontario is thrilling, but the path is often intertwined with the intricate maze of mortgages. With various options available, it's essential to understand each one to make an informed decision tailored to your unique needs. Let's look at the pros and cons of the three primary mortgage types in Ontario: fixed-rate, variable-rate, and hybrid mortgages. Fixed-Rate Mortgages: Pros: Stability is the hallmark of fixed-rate mortgages. With a... [read more]