by debtcancel | Nov 27, 2019 | Credit Health, Mortgages
We all know owning a rental property is a great way to invest and build your wealth portfolio. Unfortunately, a lot of homeowners sitting on plenty of equity are afraid to use that money for a down-payment to purchase a rental or investment property. The idea of a...
by debtcancel | Nov 18, 2019 | Credit Health, Mortgages
It is typically one of the first questions someone asks when talking about your mortgage: What’s your rate? While everyone can recall their rate off the top of their head, it tends to be the only detail of the mortgage they can remember. Although the rate is...
by debtcancel | Oct 15, 2019 | Mortgages
If you’re in a mortgage that’s coming up for renewal in the coming months and you’re considering just staying with your current lender, you wouldn’t be alone. According to the Canadian Mortgage and Housing Corporation’s (CMHC) Residential Mortgage Industry Report...
by debtcancel | Sep 23, 2019 | Credit Health, Mortgages
Co-signing on a loan may seem like an easy way to help a loved one (child, family member, friend, etc.). In today’s market conditions, a co-signor can offer a solution to overcome the high market prices and stress testing measures that are now in place for Canadian...
by debtcancel | Sep 16, 2019 | Credit Health, Mortgages
Buying a home can feel like a journey. Whether it’s your first or your 10th, there are many steps to go through and things you should be aware of. The trend towards using mortgage brokers to arrange mortgage financing is continually increasing. Why has this shift...
by debtcancel | Aug 26, 2019 | House Tips, Mortgages
Oftentimes even the most organized and detail oriented first-time homebuyer can overlook some unexpected costs that come with the purchase of their new home. Here are four costs that we most commonly see overlooked by homebuyers in hopes that we can better prepare...