As magical and amazing Canadian winters are, they are also unbearably cold. A warm and a cozy abode is an essential in order to survive the fiery cold weather. Now that fall is officially here, and leaving already, it’s time to prepare your home for cold weather. People remember to bundle themselves up, but leave…
What is Mortgage Renewal Time? Unless you can come up with the cash to pay off your remaining balance of your mortgage in your first term, it is time for a mortgage renewal. In simple terms, a mortgage renewal is the process of taking the outstanding balance of your mortgage and renewing it for another…
Everyone’s dream is to one be the proud owner of a home, however, that dream can quickly turn sour if first time home buyers do not know what they are getting into. Buying a home takes time, patience and sometimes luck. Before going for it and signing off on all the paperwork, read up on…
Today’s Millenials, the children of Boomers, are doing all the right things! Most have a university or college education under their belt.Student loans are slowly being payed off. Young people are earning money by working hard and building themselves as members of the community. They save their money. Despite all of this, they still cannot…
After a long winter, the real estate market is at its’ peak in terms of demand. Buyers are being offered more choices and sellers are grabbing at the listings. Your asking price for your home and how you prepare it are crucial to maximizing your profit. When preparing your house for a quick and profitable sale,…
2014 is almost half way over but do not fret, it is not too late to implement some changes to aid your mortgage. Keep organized and you can still obtain as good mortgage deals. Here are 7 mortgage tips for the rest of 2014. Due to the new mortgage regulations implementing in 2014, lenders are extra…
Mortgage can bring a hurricane of questions and troubles for home buyers. The Globe and Mail recently put up the question of “Should you get pre-approved for a mortgage?” Let’s break everything down and take a look. You’ll get an idea about the price range you should aim for during your househunting. By knowing how…
With our heads swimming in financial duties and responsibilities, sometimes it can be hard to prioritize. The deadline to make contributions to your registered retirement savings plan (RRSP) for Canadians is March 3rd. The Globe and Mail puts forth the question, “Should you be contributing to a RRSP before you pay off your mortgage?” The…
A study from the Bank of Canada concluded that those consumers who receive the best mortgage rate are those who are willing to bargain and negotiate, have more equity, are new clients, and who use a mortgage broker, among other variables. As follows, it is rare nowadays that anybody should pay the bank’s posted rate…
It’s official: 2014 is in full swing. You’re likely in the thick of trying to tackle and stay true to all the New Year resolutions you have committed to. While we all want to better ourselves personally with self-improvement goals, the truth is that many of those resolutions revolve around finances. When you think about…
