4 Ways to Take Control of Your Finances in 2021
The beginning of a new year is an ideal time to review your finances. Hopefully, with the wild ride of 2020 behind us, 2021 is a time we can all...
A Surefire Plan to Saving a Downpayment
If you’re looking to save money for a downpayment; or to save money for anything really, it all starts with clarity. First, you want to get clarity...
Access Your Home Equity
If you've been a homeowner for many years, chances are, your property value has increased significantly. One advantage of homeownership is the...
Bank of Canada Rate Announcement Dec 9th, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program. The Bank...
How to Establish New Credit
If you’re new to managing personal finance and you’re learning about credit, you’ve come to the right place. Establishing new credit is a bit of a...
What Will Mortgage Financing Look Like In 2021?
There is no doubt that 2020 was one for the books. It will be remembered as a year like no other. COVID-19 has caused significant national economic...
Will a Temporary Loss of Income Impact Your Mortgage Post-COVID-19?
While unemployment peaked over 13% at the onset, it's hard to quantify just how many Canadians had some form of a reduction in their income over the...
Bank of Canada Rate Announcement Oct 28th, 2020
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and...
Fixed or Variable?
If you're looking to buy a new property, refinance, or renew an existing mortgage, chances are, you're considering either a fixed or variable rate...
What is a Second Mortgage?
If you're relatively new to the world of mortgage financing, the term "second mortgage" might cause a bit of confusion; especially if you're a...