As the cost of housing continues to rise in many parts of Canada, homebuyers are looking for more affordable options. Rather than taking in a renter or listing your home on Airbnb, there are a number of alternative housing options opening up new avenues to homeownership — from co-ops to tiny homes and houseboats. These […]
The 2019 federal budget brings a financial boost to homebuyers, workers and low-income seniors. Here are some important highlights. While the 2019 federal budget may have been overshadowed by other headline-grabbing politics, a healthy majority of Canadians approve of some of the budget’s key policies. This isn’t too surprising, given that there are some considerable […]
While it may be tempting to stretch out the term of your mortgage to keep your payments down, it will cost you more — much more — in the long run. Mortgage interest can add up to tens of thousands of dollars over the life of your mortgage, so the faster you can pay it off, […]
It’s the modern riddle for today’s urban dwellers — should you buy a condo or go with the traditional house? Condo or house. Of course, there are pros and cons for each option. These include the practical side of things (think maintenance and floor plans) versus the financial considerations. So, what would tempt a buyer […]
Most people are unaware of the potential roadblocks they could come up against when applying for a mortgage — until it’s too late. This list of mortgage do’s and don’ts are designed to save you from mortgage application headaches. Check your credit score in advance Your credit score is an essential ingredient in the […]
Plus 3 simple rules to get more out of your credit card. Learn how to read your credit card statement and stay in control of your finances.
Buying & selling: With so many industry experts expecting changes to 2019 mortgage rates and home prices, how will that impact the average Canadian homebuyer and seller? Predictions are never a sure thing, but industry forecasts and expert opinions can go a long way to help you plan and manage your wealth strategy. That includes […]
While carrying out renovations on your home can be a daunting task, finding the money to finance it doesn’t have to be. There are plenty of financing options available to help with your home renovation. The right one for you will depend on how much you need to borrow and how quickly you want to […]