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Convertible, Closed & Open Mortgages; What Are They And Why Are They Good & Bad?

Posted on December 2, 2019
By Eric MajdalaniMortgage

The mortgage acquisition process for a new home is far from easy; even from the very first step. Many homebuyers simply don’t know what’s best for them, and whether they’ll even make it through the first phase, nevermind receive the loan. More often than not, mortgage brokers like us are there to help, but we…

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  • How Does A Construction Mortgage Work?
  • What a Bank of Canada Rate Hold Means For Buyers, Sellers and Mortgages in 2026
  • Why fixed mortgage rates may not move when the Bank of Canada does
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