by debtcancel | Apr 1, 2019 | Mortgages
The Canada Mortgage and Housing Corp. said Friday that meeting that target will take help from governments and the economy — hence the aspirational nature of the goal. “We believe that everyone in Canada deserves a home that they can afford and that meets their needs....
by debtcancel | Jan 30, 2019 | Mortgages
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...
by debtcancel | Jan 21, 2019 | House Tips
The new year brings new wants and needs for the home, and that reno you’ve been holding off on is now at the top of your mind. Whether it’s a simple room makeover or big-time overhaul, it’s important to start with a plan. An electrical misstep, in planning or...
by debtcancel | Jan 14, 2019 | Mortgages
Floating-rate mortgage holders who had feared the Bank of Canada’s recent full-steam-ahead view towards continued rate hikes can take a breather—at least for now. The central bank adopted a more dovish stance at last month’s rate hold announcement, which...
by debtcancel | Dec 11, 2018 | House Tips
A favourite holiday activity for many of us is baking, but between gift shopping and get-togethers, it’s hard to find the time. In fact, a recent survey by Becel found that one in two Canadians want to bake more during the holidays, and 77 per cent would spontaneously...
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...
