June 24, 2024

Mortgage Update

Hello Friends !! The summer is finally here and we hope that you’re enjoying the warm and sunny weather. If you have vacation plans, we wish […]
December 1, 2023

Cash Flow and Mortgage Payments

The increase in the Banak of Canada Prime rate over the past 20 months, aimed at tackling rising inflation, has left numerous Canadians cash-strapped until the anticipated lowering of the Prime rate in 2024. So what can be done?
November 25, 2023

Should you Refinance or Get a Second Mortgage?

Choosing whether to refinance your existing mortgage or getting a second mortgage depends on your financial goals. If your existing mortgage has a good rate and a noticeable time left in its term, you should probably think of keeping it rather than refinancing it and getting a second mortgage instead.
September 19, 2022

Back to School – The 5 Cs of Credit

The 5 Cs of Credit is a term used to describe the pillars of input that go into determining if a lender will lend you the money. They are Capacity, Capital, Collateral, Credit and Character.