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 |2016-12-06T23:45:19+00:00July 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 |2016-12-06T23:45:20+00:00December 31st, 2015|Personal Finance, Real Estate|

Overlooked Costs of Buying a Home

With only 5% required for a down payment and banks practically giving away money, many people are rushing out to find their dream home. But are you really ready to buy a home? Have you considered all the costs of buying a home? Many of those extra costs don't show up in affordability calculators so be prepared [...]

By |2016-12-06T23:45:20+00:00March 2nd, 2015|Personal Finance, Real Estate|

5 Must Have Insurance Policies

Insurance is a must in many cases but some of us choose to do without it since the monthly premium cuts into our bottom line. This is a huge mistake, having the right insurance should be part of our financial plans, but what is considered must have insurance? Insurance policies everyone should own Life insurance – I’ve [...]

By |2016-12-06T23:45:20+00:00February 26th, 2015|Personal Finance, Real Estate|

What’s Up With The Canadian Economy?

I'm not sure if you've been paying attention but the Canadian economy has been making a ton of headlines. These stories have been so big that they are making the front pages of newspapers and leading newscasts on TV. The average person probably doesn't keep up with news in general but here's a few things that [...]

By |2016-12-06T23:45:20+00:00January 27th, 2015|Personal Finance, Real Estate|

What Do Property Taxes Pay For?

Tonight a new Mayor of Toronto will be named. The campaign has been long and I can't wait for it to end and for the city to move forward from it's troubled reputation. Many voters have complained about increasing property taxes with one candidate promising to cut them if elected. Of course these same people who complain [...]

By |2018-03-30T13:03:13+00:00October 27th, 2014|Personal Finance, Real Estate|

Guaranteed Ways To Go Broke

Finding tips to save money is easy, but what are the things that make us go broke? If you're doing any of the following you might already be on the path of financial destruction. Having too many credit cards The obvious way to go broke is by abusing credit. Having multiple credit cards is pretty normal, but having them [...]

By |2016-12-12T09:58:54+00:00October 20th, 2014|My Money, Personal Finance, Real Estate|