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. […]
November 18, 2024
The First Home Savings Account (FHSA) is a tax-advantaged savings plan introduced in Canada to help individuals save for their first home. It combines the benefits […]
June 24, 2024
For many homeowners, home improvements aren’t just about creating a more comfortable living space – they’re also the key to boosting property value. Here are the home improvement […]
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 […]
March 20, 2024
A generation ago – most retirees did not have mortgages. Mortgage planning was not part of retirement planning. This was primarily because of two reasons: […]
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 […]
March 7, 2022
With the prices skyrocketing over the past year, it is very difficult to find a multi-bedroom property for a decent price. That said, if you […]
February 1, 2022
WHILE PRICES HAVE RISEN, YOU CAN STILL INVEST IN REAL ESTATE With skyrocketing prices over the past year, many of those who wanted to get […]
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. […]
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 […]
March 11, 2018
The new mortgage rules have essentially lowered the qualifying power of mortgage applicants by approximately 20%. Whether you’re buying and need a mortgage, or are simply […]
February 5, 2018
Commercial properties are somewhat an unknown territory to most of us. They require larger down payments. Interest rates are higher. Still, they can still be a […]
January 8, 2018
I’ve often said that Toronto is turning into Canada’s Manhattan (especially when talking about the cost of housing!). Our city appears always to be growing […]
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, […]
March 12, 2017
On October 3rd the federal government announced a series of regulations that govern the access and limitations of mortgages requiring insurance. The rules were put in […]
December 4, 2015
Over the course of the last decade or so, the percentage of private mortgages within my portfolio grew from some 5% to an astonishing 30%… There […]