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MCAP Blog

Gain new insights, perspectives, and knowledge through our collection of articles.

When Is the Right Time to Refinance Your Mortgage?

Publish Date : 2025-08-05

If you're a Canadian homeowner, refinancing your mortgage can be a smart way to lower your monthly payments, access home equity, consolidate debt, or even become mortgage-free sooner. But timing matters. Knowing when to refinance — and when it might cost you more than it saves — can make all the difference.

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Tips for Buying and Selling a Condo

Publish Date : 2025-07-21

The number of condo units in Canada is steadily rising, with condominiums accounting for roughly 15% of the country’s housing. In major urban centres like Toronto and Vancouver, this share is considerably higher, with condos representing between 25% and 35% of occupied homes.

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Winning Stories from Our MyHome Sweepstakes Homeowners

Publish Date : 2025-07-16

For MCAP homeowners, one of the best perks about having a mortgage with MCAP is the opportunity to participate in our exclusive contest, MyHome Sweepstakes. This contest, that is run annually, gives homeowners the chance to win amazing prizes like a property tax payment for the year, thousand-dollar gift cards, and even a mortgage payment of $4,000!

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Understanding Construction Bonds and CMHC’s New Requirements

Publish Date : 2025-06-25

On November 15, 2024, the Canada Mortgage and Housing Corporation (CMHC) implemented changes to its multi-residential construction financing program requirements, to areas such as appraisals, accessibility criteria and environmental site contamination polices, to name a few. Another area that received an update and may be of particular interest to borrowers, developers and investors is construction bonding. In this blog, we’ll explain what construction bonding is, the new requirements and what this means for borrowers.

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Meet Antonella Agati: Employee Spotlight Series

Publish Date : 2025-05-30

Antonella has a unique role in that it touches every area of the business, with the overarching goal of building and sustaining a high-performance culture and engaged workforce. She is responsible for HR governance and compliance, employee relations, workforce and talent planning, learning and a number of initiatives and programs.

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