With the anticipation of rates going down, some homeowners may be considering switching from a variable-rate mortgage to a fixed-rate mortgage to lock in their next term. Switching from a variable-rate mortgage to a fixed-rate mortgage can offer stability in your monthly payments, protecting you from potential interest rate hikes, along with some other […]

If you have a basement suite or rental property and you are currently looking for a tenant, there are some things to know! Whether this is your first tenant or you have other rental properties, it is a good idea to familiarize yourself with the specifics to ensure a harmonious tenancy. As always, your responsibility […]

Lowering your interest rate can save you money over the life of a loan or credit card. Here are some proven strategies to help you accomplish that: Improve Your Credit Score: Lenders typically offer lower interest rates to borrowers with higher credit scores. Pay your bills on time, keep your credit card balances low, and […]

Technology is constantly evolving and adapting to our needs as a society and individuals. One of these exciting developments has been the creation and evolution of smart homes. What is a Smart Home? A smart home is any home where the homeowners are able to control thermostats, lighting, appliances and other devices remotely over the […]

Although credit cards interest rates have not been affected by the recent surge in the prime lending rate, the fact remains that credit card debt is usually the most expensive debt you can have. The average is around 20% and even the so-called ‘low interest’ cards carry a rate in excess of 10%. Expediting the […]

Being on the path to purchasing your first home is one of the most exciting and most rewarding moments in life! To help make the mortgage process smoother, one of the things you can do is to get pre-approved for your mortgage. Getting pre-approved doesn’t commit you to a single lender, but it does guarantee […]

When it comes to getting a mortgage, one of the more overlooked elements is the option to be able to port the loan down the line. Porting your mortgage is an option within your mortgage agreement, which enables you to move to another property without having to lose your existing interest rate, mortgage balance and […]

One of the important factors in home ownership is understanding things like your credit score.  Some people don’t pay much attention to this metric until they begin the mortgage discussion! However, you will find that your credit score is one of the most important factors when it comes to qualifying for a mortgage at the […]

When Canadians start thinking about a mortgage, one of the most common pieces of advice they hear is:“Shop around—talk to as many lenders as possible.” At first glance, this sounds smart. After all, who doesn’t want the lowest rate? But in today’s Canadian mortgage market, shopping lenders on your own can actually cost you time, […]

When you’re purchasing a home, the offer you submit is one of the most important steps in the process. Many buyers hear the term “subject-free offer” or “clean offer” and feel pressure to remove conditions to look more competitive. But what does a subject-free offer really mean — and is it always the right move […]