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 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. […]
September 23, 2020
It is a common knowledge that you need to get yourself pre-approved for a mortgage before starting to look for a home. But what exactly is […]
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.
December 1, 2019
I am sure some of us have been there… passing on potential houses just because the bathrooms or kitchens were not up to our standards, […]
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 […]
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 […]
November 9, 2017
That depends. Over the past 7 years, there were many indications that variable rates will go up and many pressures on those with variable rates […]
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 […]
April 7, 2017
A well know Toronto scenario: “Our tiny bungalow is now worth $1M dollars! We should sell it!…” Which then begs the question – “Where would we […]
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 […]