Did you know, approximately 60 percent of people break their mortgage before their mortgage term matures? While this is not necessarily avoidable, most homeowners are blissfully unaware of the penalties that can be incurred when you break your mortgage contract – and sometimes, these penalties can be painfully expensive. Below are some of the most common reasons that individuals break […]
Did You Know? The average Canadian owes $23,000 in consumer debt and has at least 2 credit cards. Source: CBC.ca If you live paycheque to paycheque, the idea of somehow having enough money to invest and eventually have financial freedom seems about the furthest thing possible. But experts in financial education like to point out, no matter your income and […]
One of the first questions that potential buyers want answered is: “What is your interest rate?” It is easy to think that this is the most important question, but there is a lot more to your mortgage contract than just the rate. And so, the rate debate continues! The rate debate is a hot topic in the mortgage world. Not […]
There are four major components to any successful home buying A-Team: your mortgage professional, realtor, home inspector and lawyer. Each of these individuals is important to various aspects of the home buying process. Mortgage Professional While many people think a real estate agent is the most important person when it comes to buying a new home, your mortgage professional comes […]
Phishing attacks are among the most common methods used by cyber criminals to steal personal information. Surprisingly, many people are unaware of just how much of a threat these attacks pose. In essence, phishing attacks use a malicious email or website (designed to mimic or replicate real, reputable entities) to trick a person into divulging private or personal information such […]