Pick a mortgage that fits your income

Pick a mortgage that fits your income

Deciding on the mortgage can be a daunting task, but they basically fall into two categories: Fixed rate mortgages Adjustable rate mortgages Fixed rate mortgages have a set monthly payment that remains constant throughout the life of the loan, which is easier to...
3 calculations to see if you can afford a mortgage

3 calculations to see if you can afford a mortgage

One of the biggest challenges to buying a home is finding one you like and that you can afford. You can make this process easier by doing a bit of preliminary homework to determine a ballpark range for what you can reasonably afford in a new mortgage. Here are 3...
Don’t Say The R Word!

Don’t Say The R Word!

The word “recession” can sometimes cause us to sit back and worry about the state of the Canadian economy, the stock market, real estate prices, and our job security. A recession is generally defined as 2 successive quarters of decline in gross domestic product (the...
Bank of Canada keeps rates low; still perfect for home buyers

Bank of Canada keeps rates low; still perfect for home buyers

The Bank of Canada announced today that it’s holding its interest rate at 0.5%, accompanied by its continued message of modest economic growth this year. “The stimulative effects of previous monetary policy actions are working their way through the Canadian economy,”...
How to improve your credit before buying a mortgage

How to improve your credit before buying a mortgage

Mortgage preparation made simple! Buying a home is probably the single largest investment most people make in a lifetime. By preparing yourself and your finances before a home purchase, you can ensure a smooth finance process and potentially save thousands on your...