5 Reasons to Downsize

5 Reasons to Downsize

There may come a time in your life when you need money to pay down some debt, reduce your mortgage, lower your bills or increase your cash flow. And when that time comes, downsizing your home is one of the best options to do so. But is it really worth selling your home to move … Continued

3 Ways to Prepare for Your First Mortgage Appointment

How can you better prepare for your first mortgage appointment? Here’s our advice to ensure that you’re armed with everything you need to speed up the process and get the best rate and terms possible based on your needs. Learn the Common Terminology It can go a long way to have a basic understanding of … Continued

Is Debt Consolidation the Right Solution for You?

Is Debt Consolidation the Right Solution for You?

Are you paying multiple debts with different interest rates? If so, it can be challenging trying to keep track of all the payments, especially when they come out on different days and have multiple interest rates. Fortunately, there’s a solution that can make it easier –debt consolidation. When you consolidate your debt, you basically roll … Continued

How to Refinance Your Mortgage

How to Refinance Your Mortgage

Considering refinancing your mortgage to take advantage of the lower rates? A mortgage refinance has the potential to save you thousands of dollars over the term of your mortgage. It’s also a great way to consolidate debt or access some equity in your home to use towards renovations or topping up your investments. If you’re … Continued

VERICO ECONOMIC CONSULTANT: APRIL 2020

“At the risk of oversimplifying, on the night of September 16th, the annualized rate for borrowing was 2% but suddenly there were no lenders.  So the rate went up to 4% then 5% – still no institution was willing to lend even at those rates.  Ultimately, the rate went all the way to 10%.   … Continued

4 Ways That COVID-19 has Impacted the Real Estate Market

4 Ways That COVID-19 has Impacted the Real Estate Market

The spring months are typically when the real estate market flourishes most. Most people look to purchase or sell, and real estate agents work to prepare for this season. However this year, with the impact that COVID-19 has had on the real estate market, this is simply not the case.  Tightened Restrictions on Viewings and … Continued