After the whirlwind year of 2020, making your finances work for you is already top of mind for Canadians. Why not roll that into a brand-new resolution moving forward into 2021? Here are some ideas to make your finances work for YOU in the New Year: Start a Budget If […]
Mortgage Industry
7 posts
The holidays are coming up! As much as these celebrations bring us joy and harmony, they can also bring us stress. This is particularly true when it comes to your finances! However, don’t lose hope that this will be another draining year on your pocketbook. In fact, with a little […]
It’s time to go back to school… for your finances! The Fall is the perfect time for a credit clean-up so that you are ready for the holiday spending season. When it comes to cleaning up credit, there is no better time than now to recognize the importance of your […]
Q: My husband and I recently bought a new house in Stoney Creek, and my employer has just paid me a nice bonus for this past year. Should I use the extra cash to pay down our mortgage or should I put it in my RRSP? I don’t want us […]
Imagine being just 20 years old and putting down a full 20 per cent — $68,000 — on your first condo. Plus, you have cash left over for closing and moving costs, even some money for decorating. At 20 per cent down, you don’t even have to pay for mortgage […]
With new mortgage rules and higher interest rates putting the squeeze on Canadian home buyers, some have found a new approach: Get the parents (or grandparents) to bankroll your purchase. The number of mortgages issued to people in the pre-war generation – aged 73 to 93 – jumped by a […]
The process of becoming a homeowner can be long and arduous, and your mortgage broker is one of your key allies in getting a mortgage in order to buy a home. But if done right, the relationship between you and your broker doesn’t stop once you have the keys. Depending […]