November 18, 2024
According to Mortgage Professionals Canada, 23% of Canadian mortgage holders will renew their mortgage within the next year, and 50% will renew within two years. […]
June 24, 2024
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 […]
January 5, 2024
With the consistent rise in mortgage rates over the past year or so, the prospect of renewing a mortgage in 2024 has become a concern […]
December 1, 2023
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
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.
April 28, 2022
When it comes to interest rates, an expression One Cannot See Dollars from the Pennies is frequently true… We pay attention to getting the […]
December 29, 2021
Probably not, but it also depends on what keeps you up at night… It’s pretty safe to assume variable rates are going up!! Probably as […]
February 17, 2021
It’s time to revisit your mortgage strategy. Mortgage rates are down, both on the fixed and variable sides. It’s all over social media and the news. […]
December 7, 2019
So you own a home and would like to buy an investment property, but all of your savings have been locked up in your home? The answer to your problem is a Home Equity Line of Credit or HELOC.
November 15, 2018
Those of you who know me well, know that I shy away from making predictions on interest rates. There are simply too many factors at […]
April 3, 2018
When comparing various financing options, the biggest mistake you can make is to concentrate on the actual nominal rates alone. Instead, you should pay attention […]
October 18, 2017
When the Prime rate went up by 0.5%, my feelings were mixed… Yes, my variable rate mortgage payments went up and I wasn’t happy about it, […]
September 22, 2017
If you are considering a refinance for any reason – to consolidate your debt, pay for your kids’ education, renovate your home or buy an investment […]
November 11, 2015
Getting the best mortgage is not only about securing the lowest “nominal” interest rate that many of us tend to get obsessed with. As a matter […]