3 things to remember before using home equity

3 things to remember before using home equity

One benefit to owning a home is that as housing prices increase, so does the value of your home. The change in value from when you purchased your home is referred to as equity. For example, if you purchased a home 10 years ago for $150,000 and it’s worth $350,000...
10 ways to save on air conditioning costs

10 ways to save on air conditioning costs

Summer’s still here, and technically there’s still a month left. One downside to this season is the need to cool our homes more. The warmer the weather gets, the harder your air conditioning unit has to work. And, of course, the more your air conditioning unit works,...
4 reasons to clean your ducts this summer

4 reasons to clean your ducts this summer

Last winter, you had your furnace on a lot. Each time it ran, the air it blew through the ducts and out the vents would circulate the air in your home. Anything in the air would circulate as well, including dust, pet dander, and pollen. When the furnace shuts off,...
Higher interest rates. Now what?

Higher interest rates. Now what?

The Bank of Canada finally increased its bench mark rate to 0.75% (up 0.25 percentage points) after 7 years of leaving the key interest steady and even reducing it a couple of times.  Typically, any change in the Bank of Canada rate directly impacts the banks’ prime...