Real Estate – Money We Have

What is the Mortgage Stress Test?

Are you looking to buy a home in Canada but have no idea what is the mortgage stress test? Even though the Canadian government announced the mortgage stress test back in 2017, it still causes…

Open Vs Closed Mortgages: What’s The Difference?

If you’re looking to get a new mortgage or you need to renew your current one, you’ll want to quickly become familiar with open vs closed mortgages. The most significant difference between open and closed…

What is a Cash Back Mortgage?

The idea behind a cash back mortgage is simple: when you purchase a home and your mortgage closes, the lender advances you an extra lump sum of money in the form of a ‘cash back.’…

What is the Tax-Free First Home Savings Account? A detailed guide

What is the Tax-Free first home savings account (FHSA)? The FHSA is a new account that was introduced in the 2022 federal budget and is set to be available to Canadians in 2023. It basically…

What are Closing Costs in Canada?

You may think when you finally get the keys to your brand new home you’re finished with the upfront costs. But there’s one last set of bills to pay – namely, the closing costs. Here’s…

30 Cheapest Places to Live in Canada

Are you curious about the cheapest places to live in Canada? Everyone wants to save money, so how do we do that? Well, there are a number of ways, but a big place to start…

What do Condo Fees Cover?

If you’re thinking about buying a condominium, you’ve probably asked what do condo fees cover? Generally speaking, condo fees (or strata fees) cover building maintenance, amenities, and utilities. Some people think condo fees are a rip-off,…

Lotly Investing Review

Real estate has been a popular investment option for years. However, as the cost of homes skyrocket across Canada, many Canadians struggle to afford a single home to live in. This means that for the…

16 Best Work From Home Jobs in Canada

No daily commute. No wardrobe costs. No need to pack a lunch. And a chance to work (even in your PJs if you wish) without having a boss to look over your shoulder. These are…

What is a Trigger Rate and How to Avoid it

What is a trigger rate? It’s a question that many homeowners thought they’d never have to ask. However, since the Bank of Canada has steadily raised interest rates, it’s a topic that has crossed the minds…