What Is a HELOC Mortgage?

What Is a HELOC Mortgage?

A home equity line of credit, otherwise known as a HELOC, is a secured line of credit that allows homeowners to borrow and re-borrow against their home. How does it differ from a conventional loan? A stand-alone HELOC cannot exceed 65% of the value of your home. If the HELOC is a second mortgage or … Continued

The 5 Long-term Implications of Renting vs. Owning

The 5 Long term Implications of Renting vs. Owning

Trying to figure out if you should continue to rent or buy a home instead? We’ll show you what the long-term implications of renting vs. owning are so you can make a better-informed decision for your budget and lifestyle. Renting Isn’t Always Better For Your Budget Unless you can find a landlord who will keep … Continued

2019 Trends in the Real Estate Market in Ottawa

2019 Trends in the Real Estate Market in Ottawa

How has the Ottawa real estate market shaped up so far this year? This city continues to be a hot market with steady growth and sales. Agents are even starting to see bidding wars throughout popular areas and homes selling for well over asking this year. So what’s driving the demand in Ottawa? Here we’ll … Continued

Is a Fixer-Upper Right for You?

Is a Fixer-Upper Right for You

There are many benefits of opting for a fixer-upper – especially when you’re a first-time buyer with a tighter budget. A house that’s in need of some TLC can help you get into a more desirable neighbourhood without having to pay as much upfront as you would with a newer home. But even though it … Continued

7 Reasons Why Mortgage Rates Fluctuate

7 Reasons Why Mortgage Rates Fluctuate

  Before you start house shopping, it’s important to understand mortgage basics first. The mortgage rate you lock in will affect a number of things, from your purchasing power to the amount of money you’re left with each month for regular living expenses. Mortgage rates can change daily — learning the reasons why mortgage rates … Continued

Entertain Like a Champ this Holiday Season

Entertain Like a Champ this Holiday Season

Want to host an epic holiday get together that everyone will remember for the right reasons? Playing host can often require a bit of strategic planning and performance when it comes to appeasing your guests and ensuring everyone has a good time. But you can easily entertain like a champ during this holiday season by … Continued