Real Estate

7 Ways To Pay Off Your Mortgage Faster

Yikes, fewer Canadians are paying off their mortgages faster according to a poll done by CIBC.  Only 55% of us with mortgages plan to make extra payments compared to 68% polled last year. Okay I suppose it’s possible that homeowners are taking advantage of the low interest rates and we’re investing their extra money instead of…

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Canadian Housing: What we should know

A couple days ago I talked about Canadian housing premiums and the cost of life when purchasing a home.  A few of the points I brought up should have been obvious but the reality is many of us really are stuck in the monthly payment trap. I have no real answer when it comes to home…

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Canadian Housing premiums and the cost of life

A weird thing happened a few weeks ago, journalist were told in advance of a major announcement coming from the Canada Mortgage and Housing Corporation (CMHC).  We were all excited, what would this announcement be? We were hearing rumours that CMHC could become privatized or the minimum down payment for getting a mortgage would be…

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The Canadian Dream: What happened to middle-class?

The Canadian dream is a myth more than a reality.  This was the headline making the rounds this weekend and it was picked up by quite a few of the media outlets. The original story came from the Canadian Press and it focused on an internal Conservative government report prepared by the department of Employment and…

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