Fall Home Prep!
With Fall just around the corner, here are some helpful home prep tips to ensure everything continues running well into the colder...
Back to School Credit Clean-up!
It’s time to go back to school…for your finances! The fall is the perfect time for a credit clean-up so that you are ready for the...
Understanding Mortgage Trigger Points
As we move into the Fall market, there are some important things you should be aware of. While inflation has now likely peaked, we will...
Rates up again. More hikes likely.
As expected the Bank of Canada has raised its trend setting interest rate. It jumped by another, outsized, three-quarters of a...
Protect your Credit through a Divorce
Divorces are challenging as there’s a lot to think about in a short amount of time, usually under pressure. And while handling finances is often at the forefront of the discussions related to the separation of assets, unfortunately, managing and maintaining personal credit can be swept aside to deal with later. So, if you happen to be going through or preparing for a divorce or separation, here are a few considerations that will help keep your credit and finances on track. Th
Downpayment Options
Your downpayment refers to the initial payment you make when buying a property through mortgage financing. A downpayment is always...
Lowering your overall Cost of Borrowing
If you’re like most Canadians, chances are you don’t have enough money in the bank to buy a property outright. So, you need a mortgage....
Bank of Canada Increases its Benchmark Interest Rate to 2.50%
Today, the Bank of Canada increased its overnight benchmark interest rate 100 basis points to 2.50% from 1.50% in June – the largest...
Residential Market Commentary - Real Estate Knowledge Gap
Another one of the country’s big financial institutions has produced a survey that suggests Canadian homebuyers and homeowners are...
Reposition your Debts through Mortgage Financing
If you’re a homeowner looking to optimize your finances, consider taking advantage of your home’s equity to reposition any existing debts you may have. If you’ve accumulated consumer debt, the payments required to service these debts can make it difficult to manage your daily finances. A consolidation mortgage might be a great option for you! Simply put, debt repositioning or debt consolidation is when you combine your consumer debt with a mortgage secured to your home. To ma
