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The Blog

Mortgage Documentation, Plan Ahead!

Mortgage Documentation, Plan Ahead!

Collecting the right documentation to prove you are a worthy candidate to borrow a lot of money to buy a property can be an arduous task. The most recent government rule changes and tightening of mortgage qualification isn't making things easier. If you seem to think...

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How Does Your Credit Score Hold Up?

In an article released by the Canadian Mortgage and Housing Corporation (CMHC), it appears that those people who have a mortgage tend to be a little more credit worthy compared to those who don't. It also points out that credit scores are quite steady across Canada....

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Making 2018 Your Turnaround Year

It’s become a bit of a cliché to talk about resolutions at the start of the New Year. You’re going to be inundated with pitches to exercise more, “eat right” or pick up a new hobby. These resolutions start out with the best of intentions but ultimately most of us...

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Big Mortgage Changes Jan. 1, 2018

There has been significant press coverage around upcoming changes to mortgage lending rules that will take effect Jan. 1, 2018. These rules will affect many more people than most realize. They will affect people seeking a mortgage most obviously, but they will also...

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Cost Savings Programs for First-Time Homebuyers

The real estate market is at its prime across the country, and there has never been a better time to be a first-time homebuyer in Canada. With both federal and provincial governments offering a number of resources, grants, and rebates to the first-time homebuyer, now...

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5 Surprising Ways to House-Hunt Like a Pro

In a competitive real estate market, first-time homebuyers must leverage any advantage they can get. Cities like Toronto and Vancouver may be particularly tough to crack – but it can be done. Here are five surprising ways to house-hunt like a pro. Pro strategy No. 1:...

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Teaching Your Kids About Renting

Fall is here! The kids have moved out for school. Help them learn about renting and coping with issues during their tenancy. One property manager, who has been in the business for decades, compares landlord and tenant relationships to marriage. Initially, both parties...

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What is The “Best” Mortgage Rate?

Here is an article from Canadian Mortgage Trends that discusses how to get the “best” mortgage rate. If you have any questions, or would like a Canadian Mortgage Expert to go over your personal financial situation, please don’t hesitate to contact us anytime! We’d...

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Location, Location, Location

The trues costs of commuting are often overlooked during the home-buying process. Few homebuyers fleeing city-living for the suburbs ever make the advance effort of spending a dark winter’s week purposely engaging in what will be their new commute during peak travel...

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How To Recover From Summer Spending

Canadian’s certainly get the short end of the stick when it comes to summer. We only have a few short months of the season to enjoy, but that doesn’t stop us from splurging. And why wouldn’t we? Summer is a time to be out-and-about, seeing, eating, and traveling our...

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Is My Mortgage Portable?

The question: ‘Is my mortgage portable?’ The answer most often given: ‘Yes.’ This answer is increasingly wrong. In reality, you may qualify to move 80% or less of the current balance. The proper question: ‘Do I need to re-qualify for my current mortgage to move to a...

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10 Money Mistakes Millionaires Don’t Make

So you want to be a millionaire. Sigh, don’t we all.  It might feel like a lofty goal but it turns out the underlying principles millionaires follow when it comes to their money are pretty basic. Some of them are downright boring. But they obviously work, so let’s...

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