Mortgage Blogs – Tips & Tricks.
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Pick a mortgage that fits your income
Deciding on the mortgage can be a daunting task, but they basically fall into two categories: Fixed rate mortgages Adjustable rate mortgages Fixed rate mortgages have a set monthly payment that...
3 calculations to see if you can afford a mortgage
One of the biggest challenges to buying a home is finding one you like and that you can afford. You can make this process easier by doing a bit of preliminary homework to determine a ballpark range...
Don’t Say The R Word!
The word “recession” can sometimes cause us to sit back and worry about the state of the Canadian economy, the stock market, real estate prices, and our job security. A recession is generally...
Bank of Canada keeps rates low; still perfect for home buyers
The Bank of Canada announced today that it’s holding its interest rate at 0.5%, accompanied by its continued message of modest economic growth this year. “The stimulative effects of previous...
How to improve your credit before buying a mortgage
Mortgage preparation made simple! Buying a home is probably the single largest investment most people make in a lifetime. By preparing yourself and your finances before a home purchase, you can...
5 steps to help you reduce your debt
Are you feeling overwhelmed with debt? Worried about how much you spend on interest each month? Lowering the amount of debt you carry can significantly improve your credit profile, reduce...
Mortgage market remains hot
It’s hard to believe that summer is nearly over and that we’ll be back normal routines soon. Generally, autumn is a good time to purchase a home, and this year it might be even busier with low...
10 ways to protect yourself from identity theft
By managing your personal information carefully and sensibly, you can help guard against identity theft. We recommend a few simple precautions to keep your personal information safe. Don’t carry...
5 simple steps to boost your credit score
Think of your credit score as a picture of your credit risk. This picture reflects your risk at a specific point in time. A picture does not change; however, when you take another one, you’ll...
Everything you need to know about credit scores
The credit scoring system became prevalent during the 1960s as a way for lenders to quickly evaluate a potential borrower’s creditworthiness. The system accurately predicted financial risk over time...