Jul 17, 2015 | Housing market, Interest rates, Mortgages
The Bank of Canada cut its key interest rate by a quarter of a percentage point earlier this week. This is the second rate reduction this year (the reduced it by the same amount in January). The current rate is 0.5%. The big banks will likely resist lowering their...
Jun 3, 2015 | Home maintenance, Home ownership, Mortgages
Finding and purchasing your home can be an exciting and overwhelming process. You may be relieved once you finally take possession of your new home, the financial responsibilities of homeownership are just beginning. Here are 4 money issues to watch for after you buy...
May 27, 2015 | Mortgages, Home ownership
Owning a home just makes sense for most Canadians. A place to live and possibly raise a family that builds equity over time is sound financial planning. As home values increase and mortgage principal gets paid down, your equity grows. That equity is an ideal resource...
Apr 29, 2015 | Home ownership, Mortgages
Because purchasing a home may be the biggest investment you will ever make, you want a team of professionals working with you throughout the process. 1. Real estate agent No one will play a more important role in helping you find a home than your real estate...
