The Mortgage Minute with Carmen Costa
The things I wish every homeowner knew before they signed. Plain-language advice on renewals, rates, and making your money work harder.
Lastest from Carmen
The Bank of Canada Just Raised Rates. Here’s How I’m Thinking About It.
Last week a client called me before I’d finished my first coffee, which was still too hot to drink anyway. She’d heard the news on the radio, and the way it was read made it sound like something had…
Canada’s Shift to Short-Term Mortgages Is a Structure Problem Worth Looking at Before Your Renewal
Something’s going on with how Canadians are picking mortgages this year, and I don’t think the headlines are getting it quite right.This summer, only 8.8% of Canadians signed a fixed mortgage for…
The Housing Comeback Just Got More Expensive
At the start of this year, realtors across Canada told their clients a modest recovery was coming. Lower borrowing costs, steadier prices, buyers coming back off the sidelines. Then bond yields…
How Does a Mortgage Broker Actually Work? A Step-by-Step Look Inside the Process
I’ve spent two decades inside mortgage files that didn’t arrive clean. Self-employed income, bruised credit, closings with impossible timelines.Over those years, the borrowers who struggled most with…
How to Find the Right Mortgage Broker in Hamilton: What I Know After 20 Years
Every mortgage broker in Hamilton will tell you they’re transparent.I’ve heard it said so many times over my twenty years in this business that the word has almost stopped meaning anything. It’s the…
How to Find the Right Mortgage Broker in Hamilton When Everyone Claims to Be Honest
Every broker in Hamilton will tell you they’re transparent.I’ve been in this industry long enough to hear that word so many times it stopped meaning anything. It costs nothing to say, which is…
The Renewal Wave Isn’t Just a Math Problem
A woman sat across from me last month with a renewal letter in her hand. Before she said a word, I could hear the worry in her voice when she finally spoke.She wasn’t confused about the number. She…
Do I Really Need a Mortgage Broker, or Can I Just Go Straight to the Bank?
I hear this question almost every week, and it usually arrives wrapped in a quiet worry.Someone sitting across from me assumes a broker is an extra layer, one more hand reaching into a deal that…
The Self-Employed Homeowner’s Renewal Playbook: Navigating Unique Challenges
A homeowner sat across from me last year, renewal paperwork in hand, ready to sign.Everything looked simple to her. She’d made every payment on time, her credit was strong, and her lender had sent…
The Mortgage Minute: What I Wish More Homeowners Knew Before They Renew
I’ve spent two decades in this industry and a lot of that time has been sitting across from people who signed renewal papers they never really read.Not because they didn’t care. Because nobody sat…
