Why Consumer Credit Cards May Be A Bad Idea.

Posted On Dec 28, 2024

 Meet Carly and Jason whose dreams were  similar to any other young couple. Ten years ago they tied the knot while Jason was an apprentice  electrician and Carly was in her final year of nursing school. Together, they purchased a modest home and...

Bank of Canada Rate Drop - Big News, or Big Deal?

Posted On Dec 11, 2024

Bank of Canada Rate Drop: What It Means for New Home Buyers and RefinancingFor the fouth time in 2024, the Bank of Canada has reduced its prime rate by 50 basis points (0.5%), marking a total yearly drop of 1%. This shift raises a critical question:...

How Vehicle Debt Impacts Your Mortgage Approval

Posted On Nov 15, 2024

Why You Should Buy Your Home Before Financing a New Car: A Real Talk GuideWhy You Should Buy Your Home Before Financing a New Car: A Real Talk GuideWhen it comes to big financial decisions, buying a home and a car are two milestones that can shape...

How Foreign Citizens Can Buy Property and Get a Mortgage in Canada

Posted On Nov 12, 2024

 Canada's Prohibition on the Purchase of Residential Property by Non-Canadians Act has created some new rules for foreign citizens looking to buy property in Canada. This two-year ban, effective January 1, 2023, restricts non-residents from...

How to save thousands on your high-ratio mortgage with this little known benefit.

Posted On Nov 07, 2024

How to Save Thousands on Your High-Ratio Mortgage by Porting Your Mortgage InsuranceIf you're buying a home with less than 20% down, you’ll likely need mortgage insurance, which protects lenders in case of default. This insurance is typically...

Know it in 5 – Why Commercial Properties May Make Better Rentals

Posted On Nov 02, 2024

 Know it in 5 – Why Commercial Properties May Make Better RentalsToday, we’re taking five minutes to explore why investing in commercial properties could be more beneficial than residential rentals. If you’ve been considering entering the...