If you have decided that 2020 is the year that you will finally become a homeowner, then congratulations! You have made an important decision that will affect your and your family’s future for years to come. But if this is your first home, you may not know where to start. That’s why we have put […]

  In an ideal world if you wanted to sell your home and buy a new one, you’d be able to sell your house just at the exact moment your offer was accepted on the new one that you wanted to buy. This world however is rarely ideal and sometimes, you find yourself in a […]

  Whether your home is in need of repair, or you simply want to update a space that isn’t working for you and your family anymore, home renovations can be expensive. Loans on credit cards can be costly with their high interest and even if you have the cash, you may not want to deplete […]

If you are looking to buy a house in Canada, you will need at least 5% for a down payment. Since the average price of a single detached home in Canada is $498, 493, that would mean that you would have to have at least a down payment of $24,947 for that particular home. Keep […]

Refinancing your mortgage is when you break your current mortgage in order to get a new one. There are many reasons why you as a homeowner might consider doing this. The following are some examples of when you might want to refinance your mortgage.    When interest rates have dropped.   The less interest that […]

If you are struggling with a large amount of high-interest consumer debt, it may feel overwhelming and you may wonder whether you’ll ever be able to finally be debt-free. The good news is that there are options to help make paying off debt easier. If you have debt and you are a homeowner, the first […]

Having bad credit will most likely mean that you are not going to be able to get the best interest rate on your mortgage. It doesn’t mean however that you can’t or shouldn’t get a mortgage. Knowing which mortgage to get however can be difficult without the help of a professional mortgage broker.  If your […]

It is no secret that having bad credit is going to make it more difficult to get a mortgage. But that doesn’t mean that you won’t be able to get a mortgage at all.  If you have had trouble getting a mortgage from a traditional lender, or you already know that your bad credit means […]

If you have built up some equity in your home, then one way to access extra cash when you need it is through a second mortgage. With a second mortgage you can borrow up to 80% of the equity in your home. What is home equity?  The amount of equity you have in your home […]

Many Canadians these days are struggling with high-interest debt. Mortgage solutions such as home equity loans are one option that many homeowners are turning to in order to help them get out of debt. But are these tools really a good idea?  That depends.  Consolidating your debt and lowering your monthly interest payments can definitely […]