5 Most Family-Friendly Neighborhoods in Ottawa

5 Most Family-Friendly Neighborhoods in Ottawa

Planning to relocate your family to our nation’s capital? There is such a diverse range of areas throughout Ottawa that can offer everything you need. Here are the best family-family neighbourhoods in Ottawa to consider before you make the move. Barrhaven This rapidly growing neighbourhood is one of the top-rated for families to settle in. … Continued

5 Costs You Might Not Expect as a Homeowner

5 Costs You Might Not Expect as a Homeowner

Even if you’ve saved enough to afford the down payment, the mortgage, the taxes, and the mortgage insurance, you still need to have some money left over to cover all the other costs associated with homeownership. To help you plan better, here are 5 costs you might not expect as a homeowner.   Closing Costs There … Continued

Everything You Need to Know About Collateral Charge Mortgages

Everything You Need to Know About Collateral Charge Mortgages

Do you know the difference between a standard charge mortgage and a collateral charge mortgage? Find out everything you need to know about collateral charge mortgages and how they can be beneficial to home buyers in this article below. What Is A Collateral Charge Mortgage? A collateral mortgage is considered a re-advanceable mortgage product where … Continued

5 Ways to Use Your Home Equity

5 Ways to Use Your Home Equity

There are some attractive benefits of using your home equity to help you put some of your financial worries aside. When you’re struggling to pay back student loans, high-interest payments or medical bills, it may be time to consider refinancing or using a Home Equity Line of Credit (HELOC) to pay it all off.  Here … Continued

First-Time Home Buyer Incentive Now Available

First Time Home Buyers

The First-Time Home Buyer Incentive helps qualified first-time homebuyers to reduce their monthly mortgage payments without adding to their financial burdens. The First-Time Home Buyer Incentive is a shared-equity mortgage with the Government of Canada. It offers: 5% or 10% for a first-time buyer’s purchase of a newly constructed home 5% for a first-time buyer’s purchase … Continued

Pros And Cons Of Being Self-Employed

Pros And Cons Of Being Self-Employed

Owning your own business comes with a lot of perks – you can set your own hours and call all the shots. But there are also some downfalls you need to know about before going out alone. Here are just a few of the pros and cons of being self-employed. Pros You Work For Yourself … Continued

Are Commercial Properties Worth The Investment? 

Are Commercial Properties Worth The Investment?

Historically, commercial properties have provided investors with attractive returns with limited risk. Unlike stocks and bonds, real estate is a scarce resource that can appreciate over time if managed properly. However, it takes a trained mortgage advisor, realtor, and property manager to deliver a successful result. With a dedicated team behind you, you could get … Continued

Concerns Millennials Have About Buying a Home

Concerns Millennials Have About Buying a Home

Millennials are starting to wonder if they’ll ever be able to afford a home. With record high sale prices, stricter mortgage regulations, and a large boomer population that’s downsizing, millennials have a lot to worry about. However, they shouldn’t stress too much yet. Here, we debunk these top 5 concerns millennials have about buying a … Continued

2018 Mortgage Consumer Survey Results: Home Buyers Edition

2018 Mortgage Consumer Survey Results: Home Buyers Edition

The recently released 2018 Mortgage Consumer Survey provides some real insights into the concerns and experiences of homebuyers between March 2017 and 2019. Some of the facts might even surprise you. Here are the main takeaways.   More Than 1/3 Felt Uncertain Although most first-time home buyers felt financially ready to purchase a home, many … Continued

First Time Home Buyer Program in Ontario

First Time Home Buyer Program in Ontario

Tired of renting, but not sure if you can afford to buy a home? The First Time Home Buyer Program in Ontario is designed to help you buy a home, even if you don’t have enough money for a down payment saved up just yet. There are important details to cover which homebuyers may not … Continued