Blog - iSask Mortgage Brokers

Understanding Amortization Schedules and How They Impact Mortgage Payments

By Scott Tremblay on February 5, 2024

For anyone in the process of looking for their first home or a new home, the term “amortization schedule” has likely come up a number of times. While it may sound confusing, it is crucial to understand what an amortization schedule is and how it will impact any current or future mortgage. Here is a breakdown on what it is and what it does for a mortgage.

Smart Strategies for Saving Money on a Mortgage

By Scott Tremblay on January 10, 2024

In an era with higher mortgage rates and economic turmoil, Canadians are looking to save money on their mortgage now more than ever. Efficiently managing mortgage payments can help reduce the total costs of borrowing over the life of the mortgage. This savings can add up to thousands of dollars back in the pockets of Canadian homeowners. Here are some strategies to help homeowners save money on their mortgages.

Mortgages For The Self-Employed: Details To Know

By Scott Tremblay on April 20, 2023

Navigating the mortgage application process as a self-employed person in Canada can be a bit complex and challenging at times. Here are some things to note for those looking for a mortgage:

What You Need to Know About The Tax-Free First Home Savings Account

By Scott Tremblay on March 29, 2023

This new type of savings plan, which would allow first time home buyers to save up to $40,000 on a tax-free basis, is geared towards Canadians saving for their first home. Learn more about the qualifications, benefits and structure for this account to see if it will work for you.

Why You Should Insure Your Mortgage

By Scott Tremblay on September 2, 2022

With mortgages being the highest in history in Canada, it is even more important to cover yourself and your home with mortgage insurance for all of life’s unknowns.

Renovation Mortgage Financing: The Basics

By Scott Tremblay on August 22, 2022

The price of a home renovation can make your head spin. Fortunately there’s something to consider that may help — renovation mortgage financing.

How to Pay Off Your Mortgage Faster

By Scott Tremblay on July 27, 2022

If you’re staring at the amount you have left to pay off your mortgage with wide eyes, don’t worry–we’ve all been there. Here are five ways that you can pay your mortgage off faster.

How to pick the right mortgage term

By Scott Tremblay on June 10, 2022

When it comes time to buy a house, there are a lot of questions that we start to ask. One of the first, when you begin negotiating your mortgage, is about the term. What is a mortgage term? Why is it important? And, more important still, how do you pick the right one?

What is the difference between a Buyers & Sellers Market?

By Scott Tremblay on April 20, 2022

Supply and Demand is the name of the game when it comes to determining the state of the housing market, which is how we end up with the two general categories: a buyer’s market and a seller’s market. What do these mean, though? And what factors can you pay attention to to determine the best way to work the market?

If you are stuck on where to start and confused by all of the information.

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iSask Mortgage Brokers
517 4th Avenue North
Saskatoon, Saskatchewan
S7K 2M5

iSask Mortgage Brokers
517 4th Avenue North
Saskatoon, Saskatchewan
S7K 2M5

information@isaskmortgage.ca