CANADIAN RESIDENTS HAVE A NEW SAVINGS/INVESTMENT ACCOUNT THAT IS THE ABSOLUTE BEST THING YOU COULD ASK FOR IF YOU’RE EVER WANTING TO BUY A HOME Move over TFSA, get out of the way RRSP. You’re both now 2nd fiddle to the FHSA. That’s right folks, the First Home Savings Account is the absolute best registered …more
HIGHER MORTGAGE PAYMENTS MAY PULL HOME PRICES DOWN, BUT THE COST OF REPLACEMENT WILL KEEP THEM AFLOAT.
If you’ve been living under a rock for the past 6 month’s I’ve got news for you. The bank of CANADA (and every other country’s bank) is very aggressively raising interest rates to put a stop to the massive inflation of goods and services we have had the past two years. The massive inflation I …more
Yup, a Mortgage Broker is telling you to get your taxes done. Why? Well, several reasons. The thing to understand is the following. Your mortgage is a huge part (likely the biggest part) of your financial picture and all the other parts of your finances (such as your taxes) effect your mortgage. So why do …more
Most people don’t know what a Cashback Mortgage is, I know I didn’t before I started in this line of work. So what is it? It’s exactly what is sounds like, when you sign up for a Cashback Mortgage you get some cash back. That’s it. So how does it work? It’s simple, you get …more