Are you in need of a mortgage or personal loan? Here are a few tips on how not to get a loan, and underneath each one, the smart thing to do instead. 1. Ignore...
With a home equity loan – the ‘equity’ in your home refers to the amount you have left to repay on a mortgage subtracted from the current market value of your home. For some...
You’ve moved in, you’re paying your mortgage; you’re ready to finally breathe out…Congratulations! You are a first time home buyer and should be enjoying the change. Now you’re firmly on the property ladder, you...
Buying a home can be an exciting and stressful time for anyone. While you may be excited at the prospect of owning your own home, especially if it is your first home purchase, the...
A mortgage is a long-term financial commitment and you have to maintain the monthly repayments for the full duration of the mortgage. That’s going to be over many years but non of us have...
It’s time to put the apartment renting to the side and divest your time and money into owning a home. You’ve gone to the open houses, looked at available properties, and found the perfect...
Choosing the best mortgage is an important piece to your financial well being. Keep in mind, this can be the most significant single purchase you can expect to ever make in a lifetime. Major...
Although Canada does not directly provide home-owners with tax-deductible mortgages, they do offer an investment incentive that enables Canadians to turn their mortgage into tax-deductible debt called the Smith Maneuver. Tax deductible means that...
I have been asked recently regarding the ads on TV about the CHIP Home Income Plan and what a reverse mortgage is all about. I will give a brief overview about who would use...
For most of us, we learned how to handle money the moment we were given our first lunch money or school allowance. Back then, the only thing we needed to worry about was how...
