Not all mortgage pre-approvals are alike. Understanding the differences can help you make better decisions and guide you toward securing your dream home.

When buying a home in Canada, understanding the different types of insurance available is crucial for protecting both your investment and your financial security. Two terms that often cause confusion are mortgage insurance and homeowners insurance. While they sound similar, they serve very different purposes. Knowing the distinction between the two can help you make informed financial decisions and avoid costly misunderstandings.