Buying a Vacation Property

Buying-a-Vacation-Property

As Canadians, we know that there’s really no greater way to spend our spare time than up at the cottage. It’s one of our most cherished past times and a good old Canadian staple. If you’re keen on the idea of buying a cottage or vacation home for you and your family to enjoy, consider … Continued

Surviving Until Closing Day

Surviving-Until-Closing-Day

When you sell your home, you will typically want to set an ideal closing date – one that allows you to move from your old home into your new home on the same day. Unfortunately, it doesn’t always happen this way and you may have a few days or even weeks before you can move … Continued

Simplify and Save with Debt Consolidation

Simplify and Save with Debt Consolidation

Finding it difficult to pay down your debts? You’re not alone. If you have multiple loans or credit cards, you could be paying much more than you need to. By consolidating your balances to a single line of credit, you can not only save on interest costs, but better manage your money as well. Here … Continued

Accessing Home Equity to Finance a Home Reno

Accessing Home Equity to Finance a Home Reno

Do you want to add an ensuite? Finish the basement? Give the kitchen a makeover? A home renovation is an excellent way to increase the functionality of your home while also giving a boost to its value, but most homeowners don’t have cash on hand to pay for upgrades out of pocket. That doesn’t mean … Continued

Suburban or Urban Living?

Suburban or Urban Living?

When it’s time to move, you can be faced with many options. The whole process of deciding on a location can be quite overwhelming. A condo in the ByWard Market, close to all the action and within walking distance of work? A freehold home in Westboro, with endless character? A new build townhome in family-friendly … Continued

Steer Your House Shopping

Steer Your House Shopping

When it’s time to purchase a home, it’s easy to get caught up in looking at places that are well outside of your budget. It is, after all, going to be the place where you and your family spend the most amount of time, so naturally you want to love it. And although it may … Continued

Is It Worth Avoiding Mortgage Insurance?

Is It Worth Avoiding Mortgage Insurance?

Mortgage insurance is an extra premium applied to any mortgage purchased with 5% to 19.99% down payment. Also known as mortgage default insurance, mortgage loan insurance, or CMHC insurance, this premium helps to mitigate risks for lenders and helps home buyers who otherwise would not be able to purchase a property qualify for homeownership. As … Continued

Debt Consolidation in the New Year

consolidate-debt

Credit cards: those two little words that can cause a mountain of debt and stress that can derail your short- and long-term financial ambitions. Falling into the pits of debt can easily feel like a form of suffocation without the right strategies and solutions that can help alleviate that burden. Debt consolidation can offer you … Continued

A New Landscape for Home Buyers

A New Landscape for Home Buyers

  With so many changes in the mortgage and housing industry recently, getting ready to buy a house can be more than a little overwhelming. Here is what you need to know about the changes and some of the impacts:   New Qualification Rules New qualification rules were rolled out last October by the Department … Continued