by debtcancel | Nov 27, 2018 | Credit Health
Q: How hard is it to obtain a mortgage after filing for bankruptcy? A: If you’re one of the more than 100,000 Canadians who file for bankruptcy every year, you know how hard it can be to access any sort of loan, let alone qualify for a mortgage. But filing for...
by debtcancel | Nov 21, 2018 | House Tips
It may be legal to smoke, grow, and possess marijuana, but that doesn’t mean Canadians looking to purchase real estate are suddenly going to be chill about it. According to a new report on cannabis and real estate from real estate site Zoocasa, 52 per cent of...
by debtcancel | Nov 7, 2018 | House Tips
Your home is likely your most valuable asset and the ticket to solving your financial problems. Are you caught up on the ‘never-never plan’? Making minimum payments on credit card debt? Get a second chance at financial well-being by consolidating your debt at a...
by debtcancel | Oct 5, 2018 | Mortgages
Back in 2013, the B-20 rules as underwriting guidelines for residential mortgages came into effect. The rules were put in place as a direct response to the financial issues in the United States caused by “poor mortgage lending practices”...
by debtcancel | Oct 2, 2018 | House Tips
Today more than ever before families have less wiggle room with their finances. Fall is the perfect time to review your financial wellness. Making a few changes now will give you a few months to capitalize on the changes before the end of the year. Some things to...
by debtcancel | Aug 27, 2018 | House Tips, Uncategorized
Hold on! Don’t put up that “For Sale” sign just yet. A new study conducted by Zillow Porchlight found that homes with certain rooms painted blue, beige or grey sold for more than similar homes with white walls. And so, because we want to ensure you...
by debtcancel | Aug 20, 2018 | Mortgages
With the new mortgage stress test coming (into) effect in January, this year has had more than its share of headlines about the difficulty of qualifying for a mortgage. But that could be about to change, at least for one group of buyers. Self-employed workers make up...
by debtcancel | Aug 13, 2018 | House Tips
Temperatures are rising, and many of us are reaching for the thermostats to stay cool. But there are also energy-efficient ways that will help you stay comfortable while controlling your costs. Check out these tips from Hydro One: 1. Open the windows on breezy days...
by debtcancel | Aug 7, 2018 | House Tips, Mortgages
Q: I know fixer-uppers provide excellent value, but I’m worried I’ll be in indefinite renovation mode for years if I pay for one home improvement project at a time. Should I stick to a turnkey property? A: You’re right, fixer-uppers offer excellent value. (And no, you...
by debtcancel | May 14, 2018 | Mortgages
Canadian real estate borrowers are paying their mortgages at a near record pace. Filings with the Canadian Bankers Association (CBA) for the first quarter, show mortgages in arrears have fallen to new lows. The largest markets of Ontario and BC are just off of record...
