Is Owning A Home Truly The Best Bet?

Is Owning A Home Truly The Best Bet?

Whether you’ve just bought your first home or you’ve been a homeowner for years, there’s good news for you. You can feel confident you made the right decision for your long-term economic wellbeing according to the findings of a study by Mortgage Professionals Canada...
A 4-step Guide To Buying A Rental Property

A 4-step Guide To Buying A Rental Property

A rental property can be a great investment, but it’s a big commitment and the rules associated with being a landlord can be complex. These five steps will help you prepare. Step 1: See how much you can afford The price for a multi-unit or single-family property may...
3 Ways To Make Your Home’s Exterior Pop For Spring

3 Ways To Make Your Home’s Exterior Pop For Spring

Spring means most of us will be spending more time enjoying the outdoors. This serves as a great opportunity to invest time and energy into sprucing up your home’s exterior and outdoor living areas. Sharon Grech, Benjamin Moore colour and design expert, shares her top...
Three Summer Tips

Three Summer Tips

Your home is likely your most valuable asset and may be the solution to your financial problems. Are you caught on the ‘never-never plan’? Making minimum payments on credit card debt? Achieve financial wellbeing by consolidating your debt at manageable rates. Cut up...
Sold a Home? Know Your Tax Obligations

Sold a Home? Know Your Tax Obligations

Q: We recently sold a home, is there any tax obligations we need to know at this time of year? A: When you sell your own home (or principal residence) you usually don’t have to pay tax on any profit from the sale. But what you might not know is that even if you are...
Firm or conditional offer: what’s right for you?

Firm or conditional offer: what’s right for you?

Q: We are house hunting this spring and conventional wisdom tells us we should make our offer to purchase a home conditional upon certain terms – that the home pass a home inspection within five business days of the offer, for example. But what about in a competitive...
How Can I Pay Off My Mortgage Faster?

How Can I Pay Off My Mortgage Faster?

Question: I have been coasting along with my mortgage payments, and now I want to kick it into high gear. If I am looking to get a new mortgage or renew the one I have, what kind of research should I do to make sure I can pay off my mortgage faster? Shop around – and...

Important News

Effective July 22, The Bank of Canada has lowered the benchmark rate used to qualify your mortgage from 5.34% to 5.19%. This means you can qualify for a larger mortgage.

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