Real estate in Canada has been hot over the past six months, with many people looking ahead to potentially unstable times and wondering if they should get out. But the thing is, real estate in Canada never had the same housing bubble the US did in 2008. Things here have been consistently more stable over […]

Last month we wrote about the impacts of a poor credit score and how to improve it, but how do you even know where to begin? In this blog post I will address how to read and understand your credit report, so you can then address areas of improvement. What Credit Reports Should You Be […]

With lending rates at an all time low, and people running to remortgage or refinance during the pandemic, getting a handle on your credit score has never been more critical. Your credit score is a test you don’t want to fail. A great credit score means you can access cheap money for your home, business […]

Stay Away From Fear Based Market Decisions Until Real Data Has Come In. It’s hard not to panic in these trying times. With the news constantly throwing out alarm bells about a depression, and the economy on pause, it would be easy to give in to the desire to dump your investments, sell your properties, […]

Jobs that include a payout with pension are becoming increasingly rare in Canada. Gone are the days of slowly working your way to the top of a company and retiring with a secure pension. Most Canadians will change their careers at 5-7 times in their lifetimes, and the mega trends of technology and economics means […]

The First-Time Home Buyer Incentive (FTHBI) just rolled out on Sept 2 2019, and already Trudeau is promising to expand it if he gets re-elected. But while the FTHBI is promising to make home buying more affordable for young – or first time home owner – Canadians, just what is it exactly? What is the […]

Things just got a little easier in Canada with new changes to our mortgage stress tests. The Bank Of Canada lowered the rates for Canadian mortgage stress tests in July, the first drop since 2016. The mortgage qualifying rate dropped to 5.19 per cent from 5.34 per cent, where it had been locked since May […]

Cash back mortgages can be a quick and easy way to get lump sums of money loaned back to you to do small renovations, reduce credit card debt, or pay off a more expensive car loan. Sometimes people get cash back mortgages when they are purchasing, but it is often when they are refinancing that […]