{"id":2205,"date":"2013-04-30T06:00:00","date_gmt":"2013-04-30T10:00:00","guid":{"rendered":"http:\/\/www.zoocasa.com\/blog\/freedom-57-a-poll-on-canadians-and-being-mortgage-free\/"},"modified":"2020-12-31T16:08:16","modified_gmt":"2020-12-31T21:08:16","slug":"freedom-57-poll-on-canadians-and-being","status":"publish","type":"post","link":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/","title":{"rendered":"Freedom 57? A Poll on Canadians and Being Mortgage-Free"},"content":{"rendered":"
\"\"<\/a><\/div>\n
<\/div>\n

An online survey<\/a> of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn’t think they will be mortgage-free until their 57. This comes as interesting news because this age is up two years more than the previous year’s study. Colette Delaney, executive VP of mortgage, lending, insurance and deposit products at CIBC outlines that Canadians are looking at working on paying down other outstanding debts to reduce interest costs.<\/p>\n

Other interesting findings of the survey show that of the national mortgage-free average age of 57, British Columbia’s average is 59, followed shortly thereafter by Manitoba and Saskachewan at 58.<\/p>\n

Make your mortgage make sense<\/h3>\n

Here at Zoocasa we’re not only just about home buying and selling, but rather the entire process and everything in between. We’re dedicated at connecting Canadians who are in the market for buying and selling with the best resources out there and that includes mortgage professionals and advice.<\/p>\n

Check out two articles from our Before You Buy<\/a> section titled Working with Mortgage Professionals – Financial Institutions<\/a> and Mortgage Payments and Other Costs<\/a>\u00a0that can help you pay your mortgage down faster and hopefully before 57. Excerpts below.<\/p>\n

Working with Mortgage Professionals<\/i><\/p>\n

If you choose to work directly with a financial institution such as a bank for your mortgage, be sure to ask for a mortgage professional that is qualified to help you. You’ll need someone to help you navigate through the variety of products, terms and rates available so you can choose the mortgage that fits your individual needs…<\/p><\/blockquote>\n

Mortgage Payments and Other Costs<\/i><\/p>\n

As a homeowner, you will have a monthly payment to make on your mortgage. Quite often you will qualify for more than you expected. This is where preparing your budget beforehand is important. Remember, your goals is to not over-extend yourself financially. Let your budget be your guide in determining how much mortgage to take on…<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

An online survey of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn’t think they will be mortgage-free until their 57. This comes as interesting news because this age is up two years more than the previous year’s study. Colette Delaney, executive VP of mortgage, lending, insurance and deposit […]<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override":[{"single_blog_custom":"","sidebar":"","second_sidebar":"","share_position":"","share_float_style":"","post_date_format":"","post_date_format_custom":"","post_reading_time_wpm":"","zoom_button_out_step":"1","zoom_button_in_step":"1","number_popup_post":"1"}],"image_override":[{"single_post_thumbnail_size":"","single_post_gallery_size":""}],"trending_post_position":"","trending_post_label":"","sponsored_post_label":"","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo":"","sponsored_post_desc":""},"jnews_primary_category":{"id":""},"footnotes":""},"categories":[172],"tags":[],"class_list":["post-2205","post","type-post","status-publish","format-standard","hentry","category-mortgage-news"],"yoast_head":"\nFreedom 57? A Poll on Canadians and Being Mortgage-Free | Zoocasa Blog<\/title>\n<meta name=\"description\" content=\"An online survey of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn't think they will be mortgage-free\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Freedom 57? A Poll on Canadians and Being Mortgage-Free | Zoocasa Blog\" \/>\n<meta property=\"og:description\" content=\"An online survey of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn't think they will be mortgage-free\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/\" \/>\n<meta property=\"og:site_name\" content=\"Zoocasa Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Zoocasa\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/zoocasa\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-30T10:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-31T21:08:16+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/blogger\/-0WTnOfQiaUI\/UWXIQW5xI4I\/AAAAAAAAAX4\/B38WLaH-MvY\/s320\/Screen%2Bshot%2B2013-04-10%2Bat%2B4.14.42%2BPM.png\" \/>\n<meta name=\"author\" content=\"Zoocasa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/zoocasa\" \/>\n<meta name=\"twitter:site\" content=\"@Zoocasa\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zoocasa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/\"},\"author\":{\"name\":\"Zoocasa\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2\"},\"headline\":\"Freedom 57? A Poll on Canadians and Being Mortgage-Free\",\"datePublished\":\"2013-04-30T10:00:00+00:00\",\"dateModified\":\"2020-12-31T21:08:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/\"},\"wordCount\":328,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\"},\"articleSection\":[\"Mortgage News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/\",\"name\":\"Freedom 57? A Poll on Canadians and Being Mortgage-Free | Zoocasa Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#website\"},\"datePublished\":\"2013-04-30T10:00:00+00:00\",\"dateModified\":\"2020-12-31T21:08:16+00:00\",\"description\":\"An online survey of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn't think they will be mortgage-free\",\"breadcrumb\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.zoocasa.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Freedom 57? A Poll on Canadians and Being Mortgage-Free\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#website\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/\",\"name\":\"Zoocasa Blog\",\"description\":\"Home Buying & Selling Tips, Real Estate Market Trends & News\",\"publisher\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.zoocasa.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\",\"name\":\"Zoocasa\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png\",\"contentUrl\":\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png\",\"width\":800,\"height\":800,\"caption\":\"Zoocasa\"},\"image\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Zoocasa\",\"https:\/\/twitter.com\/Zoocasa\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2\",\"name\":\"Zoocasa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g\",\"caption\":\"Zoocasa\"},\"description\":\"Zoocasa is an award-winning prop-tech company and wholly owned subsidiary of eXp Realty Inc. LLC. Zoocasa uses data and technology to deliver an intelligent, end-to-end real estate experience. Zoocasa\u2019s insights and suite of digital tools, combined with the market expertise of its dedicated agents and team allows Zoocasa to set a new standard for full-service real estate. A 4-time winner of both the Financial Times' Fastest Growing Companies in the Americas and the Top Growing Companies in Canada by the Globe and Mail, Zoocasa continues to innovate on the home buying, selling and search experience online.\",\"sameAs\":[\"https:\/\/www.zoocasa.com\",\"https:\/\/www.facebook.com\/zoocasa\",\"https:\/\/www.instagram.com\/zoocasa\/\",\"https:\/\/www.linkedin.com\/company\/zoocasa-com\",\"https:\/\/twitter.com\/https:\/\/twitter.com\/zoocasa\"],\"url\":\"https:\/\/www.zoocasa.com\/blog\/author\/zoocasa\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Freedom 57? A Poll on Canadians and Being Mortgage-Free | Zoocasa Blog","description":"An online survey of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn't think they will be mortgage-free","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/","og_locale":"en_US","og_type":"article","og_title":"Freedom 57? A Poll on Canadians and Being Mortgage-Free | Zoocasa Blog","og_description":"An online survey of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn't think they will be mortgage-free","og_url":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/","og_site_name":"Zoocasa Blog","article_publisher":"https:\/\/www.facebook.com\/Zoocasa","article_author":"https:\/\/www.facebook.com\/zoocasa","article_published_time":"2013-04-30T10:00:00+00:00","article_modified_time":"2020-12-31T21:08:16+00:00","og_image":[{"url":"http:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/blogger\/-0WTnOfQiaUI\/UWXIQW5xI4I\/AAAAAAAAAX4\/B38WLaH-MvY\/s320\/Screen%2Bshot%2B2013-04-10%2Bat%2B4.14.42%2BPM.png"}],"author":"Zoocasa","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/zoocasa","twitter_site":"@Zoocasa","twitter_misc":{"Written by":"Zoocasa","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/#article","isPartOf":{"@id":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/"},"author":{"name":"Zoocasa","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2"},"headline":"Freedom 57? A Poll on Canadians and Being Mortgage-Free","datePublished":"2013-04-30T10:00:00+00:00","dateModified":"2020-12-31T21:08:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/"},"wordCount":328,"commentCount":0,"publisher":{"@id":"https:\/\/www.zoocasa.com\/blog\/#organization"},"articleSection":["Mortgage News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/","url":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/","name":"Freedom 57? A Poll on Canadians and Being Mortgage-Free | Zoocasa Blog","isPartOf":{"@id":"https:\/\/www.zoocasa.com\/blog\/#website"},"datePublished":"2013-04-30T10:00:00+00:00","dateModified":"2020-12-31T21:08:16+00:00","description":"An online survey of 1,503 Canadian adults holding a mortgage by CIBC shows that the average Canadian homeowner doesn't think they will be mortgage-free","breadcrumb":{"@id":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.zoocasa.com\/blog\/freedom-57-poll-on-canadians-and-being\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zoocasa.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Freedom 57? A Poll on Canadians and Being Mortgage-Free"}]},{"@type":"WebSite","@id":"https:\/\/www.zoocasa.com\/blog\/#website","url":"https:\/\/www.zoocasa.com\/blog\/","name":"Zoocasa Blog","description":"Home Buying & Selling Tips, Real Estate Market Trends & News","publisher":{"@id":"https:\/\/www.zoocasa.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zoocasa.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zoocasa.com\/blog\/#organization","name":"Zoocasa","url":"https:\/\/www.zoocasa.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png","contentUrl":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png","width":800,"height":800,"caption":"Zoocasa"},"image":{"@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Zoocasa","https:\/\/twitter.com\/Zoocasa"]},{"@type":"Person","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2","name":"Zoocasa","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g","caption":"Zoocasa"},"description":"Zoocasa is an award-winning prop-tech company and wholly owned subsidiary of eXp Realty Inc. LLC. Zoocasa uses data and technology to deliver an intelligent, end-to-end real estate experience. Zoocasa\u2019s insights and suite of digital tools, combined with the market expertise of its dedicated agents and team allows Zoocasa to set a new standard for full-service real estate. A 4-time winner of both the Financial Times' Fastest Growing Companies in the Americas and the Top Growing Companies in Canada by the Globe and Mail, Zoocasa continues to innovate on the home buying, selling and search experience online.","sameAs":["https:\/\/www.zoocasa.com","https:\/\/www.facebook.com\/zoocasa","https:\/\/www.instagram.com\/zoocasa\/","https:\/\/www.linkedin.com\/company\/zoocasa-com","https:\/\/twitter.com\/https:\/\/twitter.com\/zoocasa"],"url":"https:\/\/www.zoocasa.com\/blog\/author\/zoocasa\/"}]}},"_links":{"self":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts\/2205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/comments?post=2205"}],"version-history":[{"count":0,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts\/2205\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/media?parent=2205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/categories?post=2205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/tags?post=2205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}