An open-end mortgage provides financing to help you buy a home now and renovate it in the future. Open-end mortgages work similar to a home equity line of credit, but you can only use the drawn ...

Our opinions are our own. Whether you're applying for a new home loan or renewing your current one, you need to decide between an open or closed mortgage. Closed mortgages are more common ...

Manulife One is an all-in-one mortgage that allows you to combine your mortgage loan with a HELOC and your bank account. For example, if your house is valued at $500,000, you can open a Manulife ...

It can be an unpleasant surprise to open your monthly mortgage statement and see a higher amount due than you expected. To understand why your payment increased, take a look at the components of a ...

You don’t stand to gain much by blending your current mortgage rate with a higher one. An open mortgage allows you to increase your regular payments or make extra lump-sum payments without being ...

The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease ...

you might choose a longer-term mortgage if you prefer budgeting a set mortgage payment for a longer period. An open mortgage gives you more flexibility to pay off your mortgage or break your ...