If you’re thinking about buying a home, it’s important to first determine how much you can comfortably afford to spend. Before granting you a loan, your financial institution will take...
There are a number of transactions throughout the home buying and mortgage processes that require money to be transferred by the home buyer to either the seller’s real estate agent,...
Mortgage prepayment options empower homeowners to increase their monthly payments or pay off their mortgage entirely and without penalty. How will a lump-sum payment affect your mortgage? Read on to...
Want to leave your “forever home” before forever is up? Understand the fine print of Canadian mortgage terms before you rack up hefty penalties.
There are a number of transactions throughout the home buying and mortgage processes that require money to be transferred by the home buyer to either the seller’s real estate agent,...
So you’ve decided to buy a home! You created a budget, found a realtor, went house hunting, found the perfect place, had your offer accepted, finalized the Offer to Purchase...
If you’re purchasing a newly built home from a builder, custom-building your own home, or substantially renovating an existing home, you may qualify for a rebate of the provincial GST/QST...
As a homeowner, you possess an extremely valuable asset – the equity you’ve built up in your home. Home equity represents a higher level of financial security and stability and...
Having tools available to help save for your down payment can mean the difference between buying your first home now or waiting until you have enough money in your savings...
If you’re thinking about buying a home, it’s important to first determine how much you can comfortably afford to spend. Before granting you a loan, your financial institution will take...
There are a number of transactions throughout the home buying and mortgage processes that require money to be transferred by the home buyer to either the seller’s real estate agent,...
Mortgage prepayment options empower homeowners to increase their monthly payments or pay off their mortgage entirely and without penalty. How will a lump-sum payment affect your mortgage? Read on to...
Want to leave your “forever home” before forever is up? Understand the fine print of Canadian mortgage terms before you rack up hefty penalties.
There are several reasons why you may consider refinancing your mortgage. The most popular ones include taking equity out of your home to consolidate debt, fund renovations, or purchase another...
At the end of the day, we all want to enjoy our lives, right?! Well, why not take advantage of today’s low interest rates and the money you’ve stashed away...
You’ve worked hard for the assets you own (investments, cash, property, etc.) that your family members will inherit after you pass. It would be normal and expected for you to...
Mortgage prepayment options empower homeowners to increase their monthly payments or pay off their mortgage entirely and without penalty. How will a lump-sum payment affect your mortgage? Read on to...
The prime interest rate in Canada is currently sitting at 2.45% – the same place it has been since March 30th, 2020 when it last decreased by 0.5%.