Most people who are thinking about a transfer or switch want to take advantage of a lower interest rate or to get a new mortgage product with terms that better suits their needs. Up for Renewal? If your mortgage is approaching renewal and you are considering a transfer or switch – great news! You won’t be charged a penalty. BUT […]
If you are an individual aged 55+, it may surprise you that you currently represent 33.09% of the total Canadian population. What may not surprise you, is that Canadians 55+ know what they want in order to live a fulfilling life as they enter retirement. However, they do not always have the financial means or are unaware of the financial […]
It’s time to go back to school… for your finances! The fall is the perfect time for a credit clean-up so that you are ready for the holiday spending season – and anything else the year can throw at you! When it comes to cleaning up credit, there is no better time than now to recognize the importance of your […]
Rising inflation combined with a strengthening post-pandemic economy gives both reason and opportunity for the Bank of Canada (BOC) to further raise interest through to the end of 2022 and beyond. The 1% increase to the benchmark overnight rate in early July was a wake-up call that they were not bluffing and are prepared to act aggressively. Depending on how […]
Buying a home is an exciting experience for anyone, and even more of a milestone when you’re doing it solo, but it can be a little different when you’re purchasing on your own. While it can be easier to tailor your mortgage and home search to exactly your needs, it can be somewhat more stressful handling the purchase of a […]