Real Estate

Fixed vs Variable Mortgage

Fixed vs Variable Mortgage: What’s the difference?

Buying a home is one of the biggest financial decisions in many of our lives. Rather than paying fully in cash, most homebuyers will choose to borrow money from the bank to pay for their home. In today’s competitive housing market, understanding how mortgages work is extremely important for those who are looking to buy…

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Martin's Mortgage Maneuver

Martin’s Mortgage Maneuver Explained

Have you heard of Martin’s Mortgage Maneuver? It’s sometimes referred to as Martin’s Money Mortgage. Essentially, it’s a loophole that allows you to avoid the insane fees that banks charge when you break your mortgage. Funny enough, the calculation used by banks to come up with your penalty is a loophole itself since it uses…

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addy invest review

addy Invest Review

When it comes to investing, real estate tends to be one of the most lucrative options. But, let’s be honest. Real estate is expensive and property prices just keep getting higher and higher during the pandemic. Many people now assume that investing in real estate is out of reach but that may no longer be…

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First-Time Home Buyer Incentive

First-Time Home Buyer Incentive Explained

Are you looking to buy a home and want to take advantage of the First-Time Home Buyer Incentive? This new government program is meant to help you become a homeowner, but admittedly, it’s quite confusing. Essentially, it’ll help you reduce your monthly mortgage payments, but the government takes a share of your equity. While there’s…

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mortgage stress test

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 a lot of confusion among potential buyers. It doesn’t help that the rules have changed a few times, so knowing…

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Home Buyers Plan Explained

Home Buyers’ Plan Explained

Do you want to know how the Home Buyers’ Plan works? Anyone in the market for the first home is likely worried about their down payment? The prices of Canadian homes are skyrocketing and while you only require a 5% down payment to buy, that 5% is still a pretty steep price for most people.…

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Do mortgage brokers actually get the best rates

Do mortgage brokers actually get the best rates?

Whether it be a new home purchase or you’re looking to refinance your home, getting a new mortgage requires is usually a simple process. That said, with so many mortgage products and different rates available, many people use a mortgage broker to help them with their needs. Many people don’t realize that bank mortgage brokers…

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Properly Review

It doesn’t matter if you’re a first-time home buyer or if you’ve owned multiple properties, the process of buying and selling a home can be stressful. You need to deal with changing real estate prices, getting a mortgage, and moving. That’s where Properly comes into play. Properly is a Canadian fintech company that has been…

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What do condo fees cover

What do Condo Fees Cover?

If you’re thinking about buying a condo, 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, but if you own a freehold home, you pay maintenance fees too. You just get to decide when to…

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How Property Insurance Saved Me At Least $50,000

The following post is contributed by Martin of Studenomics, where he tries to make personal finance fun since you have enough to stress about. You can click here to check out the wide range of content on everything from student loans to getting paid to drink coffee. “I don’t want to alarm you, but there’s…

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