What’s Stopping You from Owning a Home?

Owning a Home

Owning a home is considered to be a rite of passage for many Canadians. It symbolizes independence. You set the rules, make the decisions, take financial responsibility and invest in your future. Renting doesn’t give you much control over the property. You are under the landlord’s mercy when it comes to following rules written in […]

Porting Your Mortgage

Pack up and port your mortgage

You packed your dishes, furniture and the rest of your belongings, but what about “packing up” your mortgage and moving it to your new home? If you’re moving, taking your existing mortgage to your new home can often save you money on interest and other charges. Most lenders offer the flexibility to box-up your fixed […]

Dreaming of Buying a Vacation Property?

finance a vacation property

There’s no better place to spend the hottest days of summer than by a cool lake making memories. The dream of owning a weekend getaway could be within your reach. Find out which type of vacation property will work with your financial situation and how to buy it. Vacation properties come in all shapes and sizes. […]

Mortgage Interest Rates Are at an All-time Low

Interest rates are at an all time low.

You are probably thinking to yourself that you have heard this song and dance before. But this time it is more accurate than ever. With interest rates being at an all-time low, it makes for the perfect opportunity to buy a property and maximize your savings. Whether you are a first time home buyer or […]

Not All Mortgage Pre-approvals Are Created Equally

Not all Mortgage Approvals are Created Equally

Have you ever wondered what the qualification level of your mortgage advisor is? Their knowledge of mortgages can only come from experience. For this reason, not all mortgage pre-approvals are created equally. Why is this? When applying for a mortgage pre-approval, there is a formula that all lenders have to follow to determine what mortgage […]