Buying Real Estate

July 31, 2020

Mortgage Insurance & Your Borrowing Power

As a Canadian homebuyer or homeowner, your borrowing power is impacted by a few factors.  Recent changes to the lending policies announced by CMHC, The Bank of Canada’s qualifying rate, and your banks’ Prime Rate and mortgage stipulations are all […]
June 11, 2020

Monthly Budget: Your Way to Financial Independence

It’s easy to get overwhelmed when thinking about your finances, especially if you are saddled with debt. The best way to determine your monthly budget is to start by recording your total monthly income for the family and your total […]
January 15, 2020

Should You Go Fixed Or Go Variable?

It is typically one of the first questions someone asks when talking about your mortgage: What’s your rate? While everyone can recall their rate off the top of their head, it tends to be the only detail of the mortgage […]
November 20, 2019

6 Things All Co-Signors Should Consider

Co-signing on a loan may seem like an easy way to help a loved one (child, family member, friend, etc.) live out their dream of owning a home. In today’s market conditions, a co-signor can offer a solution to overcome […]
September 16, 2019

What Is A Purchase Plus Improvement Mortgage?

Getting a mortgage can be a daunting task. There is so much to know and understand including some pretty confusing language. Borrowers are often confused by mortgage terminology, so in an effort to keep you educated we welcome you to […]
August 15, 2019

This Simple Question Can Save You a Lot of Money

Imagine this scenario… You purchase a new home and move in. A few weeks later, you hear a strange rumbling sound. It’s the furnace. It’s only a year old, yet it’s sputtering like it’s twenty. You realize you’ll have to […]
July 15, 2019

Secured vs. Unsecured Debt

Getting a mortgage can be a daunting task. There is so much to know and understand including some pretty confusing language. Borrowers are often confused by mortgage terminology, so in an effort to keep you educated we welcome you to […]
June 28, 2019

“Green” Is The New Gold: 4 Ways To Renovate For The Environment

Canadian home buyers have said that they are willing to pay more for green’ features.  New home builders are offering special green’ options in things like the selection of building materials and energy-efficient choices.  If you are renovating your home, perhaps […]
June 14, 2019

8 Steps to Getting Your Finances in Order

Develop a family budget. Instead of budgeting what you’d like to spend, use receipts to create a budget for what you actually spent over the last six months. One advantage of this approach is that it factors in unexpected expenses, […]