Getting more than just the Right Mortgage.

The Bank of Canada has increased their benchmark rate 3 times since July 2017! Today it sits at 1.25%. This rate usually has an effect on the Bank Prime rate which influences the rate lenders charge for mortgages and other consumer debt. The next Bank of Canada meeting is set for March 7th and there … [Read more…]

Why the Canadian Housing Market Continues to Grow

As we enter into the New Year, the Canadian property market continues to grow. From demographics to a healthy economic landscape, there are several factors that drive housing prices. While there have been many whispers from industry experts predicting a crash, thorough analysis reveals that the Canadian housing market remains strong. Additionally, thanks to rising … [Read more…]

How Marriage Can Improve Your Finances

Aside from marrying your life partner, a wedding offers several other benefits. For instance, coming together with your spouse can essentially double your earning power, lower costs, and create other financial advantages overnight. While marriage should not be pursued as a means to earn riches, long term commitment and a thorough understanding of your partner’s … [Read more…]

How Will the New Mortgage Stress Test Rules Affect You?

When it comes to mortgages, the process of determining how much you can afford and under what circumstances, is known as a stress test. In all areas of your professional and personal life, practicing risk management will better prepare you for any emergency situation that could result in more serious issues. For instance, if your … [Read more…]

Tips to Improve Finances and Get Back on Track

Life happens. Sadly, when it does, you might find yourself falling behind on bills, becoming overwhelmed with expenses, and losing sleep crunching numbers in your head continuously. When your finances are in disarray, you might feel as though it is a hopeless situation. You might think that you will never get approved for a mortgage … [Read more…]

Valuable Mortgage Tips for Potential Home Owners

Taking a step towards your first real estate investment? Financial decisions can have a huge impact on your life and should be carefully considered. For first-time home buyers, this can be a stressful experience; especially if you have little knowledge about the lengthy process involved. Here are some useful tips to help you plan and … [Read more…]

Tips to Negotiate Great Mortgage Rates

It is finally that stage of your life when you want to buy your own home. Although the task sounds exciting and wonderful, the process of getting a real estate property under your name is not that easy. The biggest concern for potential home owners is being able to find the best mortgage rates. These play … [Read more…]