Save $30,000 in 30-Minutes by Picking the Right Mortgage

I love to shop around! Nothing excites me more than getting the perfect deal, but it’s also about the right fit. Ever since my wife and I moved into our home, we spent hours picking out the paint colours and furniture. Honestly, I didn’t care that much, but this is our home, so I understand [...]

By | September 22nd, 2016|Personal Finance, Real Estate|

The Average Income to buy a Home in the GTA is how Much?

When my wife and I bought our home, we made the decision to not to go over $450K. We were approved for much more (like $1 million plus), but it was just way outside of our comfort zone. Even though we had a huge down payment, we just didn’t feel comfortable borrowing a ton of money [...]

By | September 8th, 2016|Personal Finance, Real Estate|

5 Mortgage Mistakes to Avoid When Applying

For most people, getting a mortgage is a must when purchasing a home. It's a pretty straight-forward process, you borrow money from a lender so you can purchase a home. Despite how "simple" it sounds, there are plenty of mortgage mistakes to avoid when you're making an application. The biggest mistake is arguably not getting pre-approved [...]

By | July 13th, 2016|Personal Finance, Real Estate|

The Difference Between Mortgage Amortization and Term

Turns out 2015 wasn't the year for rising interest rates, in fact we ended up having 2 interest rate cuts. With rates being so low and expected changes to the Home Buyer Plan, many Canadians might be ready to buy in the new year. Low interest rates can be a bit deceiving since home ownership may [...]

By | December 31st, 2015|Personal Finance, Real Estate|