News And Articles
How to Apply for a Mortgage: Your 4-Step Guide
December 20, 2018Applying for a home loan is the first step to take when getting serious about buying a home. It will help you understand how much house you truly can afford. Get ready for the application process by gathering your financial info, finding a lender to work with, and getting pre-approved. You can always shop around… Read More
Open House Tips For First-Time Buyers
December 6, 2018While open houses seem pretty casual, savvy buyers know that checking out a home isn’t just about aesthetics or a quick view. In today’s hot market, you might not get another look before making an offer. If you’re seriously interested in a home, get a feel for the things you can’t change: the neighborhood &… Read More
Buying a starter home? Here’s what you need to know
November 22, 2018Many first-time home buyers, especially in competitive markets, end up in starter homes as a part of their first foray into the real estate market. The idea of a “starter home” goes back to World War II. After veterans completed their service, they returned home and took advantage of a provision in the G.I. Bill… Read More
Personal Loan Opportunities: The Benefits of Consolidating Your Debt Now with a Personal Loan
October 28, 2018Canadians are usually very conscientious about managing individual and family debt. However, in recent years, fueled largely by ultra-low interest rates, many of us have taken on more debt than we normally would. And that raises the risk of credit default. With each missed payment or overdue bill, comes the spectra of credit rating downgrades. Missing… Read More
Credit Cards: The ideal way to pay for Big Ticket purchases these days
October 22, 2018There was a time when Cash was King! Anything you needed, you had to pay cash. That changed (not so long ago, I might add), when people paid for Big ticket items, like home appliances and furniture, by cutting a cheque. Millennials may not have to use a cheque in their lifetime, since payment modes… Read More
Mortgages: The choice of a mortgage provider matters when investing in properties
October 19, 2018The ups and downs of the stock market are legendary. However, not every Canadian has the temperament or the patience to be a trader. And that’s why the Canadian property market offers a unique investment opportunity. But, when it comes to financing your property investment, be it through a first or second mortgage – how… Read More
Saving for Your First Home
September 12, 2018It’s a tough market to get a mortgage application approved. In order to avoid paying for default insurance, home buyers typically need to secure 20% of their home’s purchase price for a down payment. There are other benefits to paying a more substantial down payment. For one, it reduces your monthly principal and interest payment…. Read More
Our Guide to Paying Your Mortgage off Early
September 9, 2018With one in three Canadian mortgage holders feeling overwhelmed by their mortgage payments, we give you an insight into the advantages of paying off your mortgage ahead of time. The most important question to address in this article is whether it’s worth your while to pay your mortgage off early. And by this, I’m addressing… Read More
Mortgage Rate vs. APR
August 17, 2018After reading this article you will have empowered yourself with critical knowledge on the varying mortgage rates. Informed consumers get the best deals when shopping around. We’ve also included insights on how to calculate the various interest rates as well as resources to make sure you find the best deal. Nobody wants to… Read More
Mortgage Benefits: What first-time buyers should know about home-buying choices
July 23, 2018Home ownership is a dream for many Canadians. However, many prospective home buyers are ill-prepared when it comes to taking the steps towards becoming home owners. That’s because they do not understand the options available to them, in terms of home-buying choices. More importantly, first-time buyers don’t realize the longer-term financial consequences on their mortgage… Read More