The best way to prepare for your Mortgage Renewal is to stay ahead of the curve and understand all of your options. Here are a few things to consider doing when your mortgage is up for renewal…. Get a Better Rate: At renewal time, it’s easy to explore other lenders for a preferable interest rate without […]

One of the important factors in home ownership is understanding things like your credit score.  It is often overlooked and some people don’t pay much attention to this metric until they begin the mortgage discussion. Credit scores range from 300 to 900, the higher your credit score the better. If you are one of the […]

Your mortgage amortization period is the number of years it will take you to pay off your mortgage. Depending on your choice of amortization period, it will affect how quickly you become mortgage-free; as well as how much interest you pay over the lifetime of your mortgage. A longer amortization could mean smaller payments, but […]

If you have a basement suite or rental property and you are currently looking for a tenant, there are some things to know! Whether this is your first tenant or you have other rental properties, it is a good idea to familiarize yourself with the specifics to ensure a harmonious tenancy. As always, your responsibility […]

In the ever-changing landscape of mortgage rates, the importance of securing the best deal paramount. For the first time in what seems like forever, we have re-entered a rate declining market. While this is exciting news, it can come with its own set of concerns, like, “How will I know when it’s the right time? […]

Get to know the important basics before you choose your mortgage. You have to be sure you select what is most important to you – lower rates or flexibility. Before you choose a mortgage, take some time to study mortgage types: Closed Mortgage: If you want consistency with respect to rates and the length of your […]

Avoid Costly Mistakes When Building a New Home. Building a new home is a super exciting endeavour, as you opt to create the perfect space for you and your family. However, building a home is not without its costs and potential surprises… to mitigate bumps on your homebuilding journey and avoid costly mistakes, consider the […]

Is your mortgage coming up for renewal? Are you aware of all of the options renewing your mortgage can afford you? Get a Better Rate Are you aware that when you receive notice that your mortgage is coming up for renewal, this is the best time to shop around for a more favourable interest rate? […]

What is a Historic Home? Typically, for a home to be considered “historic”, it needs to demonstrate rare or outstanding architecture. Typically, historic homes are at least 50 years of age, but it can be younger depending on what it represents in relation to Canadian design. In addition, the home must be a landmark or […]

Although credit cards interest rates have not been affected by the recent surge in the prime lending rate, the fact remains that credit card debt is usually the most expensive debt you can have. The average is around 20% and even the so-called ‘low interest’ cards carry a rate in excess of 10%. Expediting the […]