In the Housing section of Canada's federal budget released on March 19, 2019, the greatest emphasis is on the affordability of housing for first time home buyers. First, the straight-forward news: effective this year, the Home Buyers' Plan that allows Canadians to withdraw funds from their RRSP to buy a home will be increased to a limit of $35,000. If you've been diligent in using this saving product, it could work to your advantage when it's time for your down payment.
Recreational Vehicles such as Travel Trailers have come a long way from the old Tent Trailer of the 70s! These days, they are mini "homes on wheels" with many of the same comforts. And, just like a home, it's important to make sure your RV is properly insured.
Think Big This Spring!
Feb 07 2019
Your Mortgage Should Be Part Of Your Overall Financial Plan
Feb 05 2019
Does My Home Insurance Policy Cover Water Claims?
Water, and the damage it causes, is one of the leading causes of insurance claims in Canada. Water has the tendency to find its way through the smallest of cracks and travel a distance through your home, appearing when and where you least expect it! Within the insurance industry, water damage has 4 typical categories:
Jan 04 2019
It's the time of year when we all dream of the warm sun on our faces and the blue water lapping on the white, sandy beach. Sounds delightful – until an accident happens!
Jan 03 2019
How Julie & Mark Went From Consumer Proposal to 'A' Mortgage Rates
When we first met Julie and Mark, they were just a few months out of a Consumer Proposal and hoping to buy a home. When it comes to a Consumer Proposal or Bankruptcy, in order to borrow money a lender generally likes you to be at least 1 year past the end of the Proposal with 2 years of re-established credit. There can be some flexibility based on the loan-to-value (LTV) of your mortgage, so our team went to work finding a solution.