The NorthMerit blog

Plain-English answers to the questions Ontarians ask before they borrow, buy, renew or grow.

Closing costs in Ontario: what to budget for

The costs that come due on closing day, what they typically run, and how to plan for them.

Why you need it with less than 20% down, what it costs, and how it’s paid.

What actually changes between a fixed and a variable rate, and how to decide which suits you.

Renewal is one of the few times you can change lenders without a penalty. Here’s how to make the most of it.

Two terms that sound alike but mean very different things when you’re shopping for a home.

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