New to Canada Mortgages
Canada is always welcoming people from around the world. I understand that starting a new life in Canada comes with various challenges, and one significant […]
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Bank of Canada Rate Announcement
As November approaches and the Bank of Canada announced no changes to the overnight rate yesterday, now is a great time to learn what to […]
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Un Insured Mortgage vs Insured Mortgage
Do you know the differences between an uninsured mortgage and an insured mortgage? I want to help you understand the key points to make sure […]
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Simple Tips For Smart Spending
Here are three valuable tips on making thoughtful purchases and managing your finances effectively. These strategies can help you better understand the time value of […]
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Invest In Real Estate
When I purchased my first house, I initially never thought of it as an “investment.” It was a place to call home. A few buddies […]
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Bond Rates vs Mortgage Rates
The relationship between government bonds and mortgage rates is a crucial aspect to understand when financing your home. Government of Canada bonds, known for their […]
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How Rising Equity Impacts You
Equity is the difference between your home’s market value and your mortgage’s outstanding balance. It is a powerful tool that can impact your financial well-being. […]
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Update: Prohibition on the Purchase of Residential Property by Non-Canadians
Effective January 1, 2023, non-residents have been banned from directly or indirectly purchasing residential properties in Canada for two years under the Prohibition on the […]
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Mortgage Rates on The Rise
On June 7, 2023, the Bank of Canada announced that the overnight target rate increased to 4.75 percent from 4.5 percent, increasing the prime lending […]
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The Biggest Qualifying Mistake
The biggest mistake I hear too often is around the income used to qualify for a mortgage. The Bank of Canada’s guidelines regarding income verification […]
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