A common problem many soon-to-be home buyers have is that they have the will to buy, but not the means. If you’re looking to buy but don’t have enough saved up for a down payment, try these tips that are sure to help grow your bank account.
Jan 14 2020
May 08 2019
Balance Risk, Return, and Rental Properties
When we originally met Stuart and Evelyn, they were looking for help to buy their first home, which included a suite they could rent as a mortgage helper. They had managed to save quite a large down payment, and so only needed a low loan-to-value mortgage to complete their purchase. Stuart and Evelyn were happy when we secured them a 5-year variable mortgage that offered an amazing starting rate. As with all of our variable mortgage clients, we promised to stay in touch if the prime interest rate rose at a faster pace than fixed mortgage rates.
It's the time of year both parents and students approach with a mix of excitement and dread: back-to-school prep. If you're lucky, you already have a list from your school with the supplies that will be required for the coming year. But the choices can still be daunting when you go on your shopping trip. Whether you feel like you have everything under control, or you're running out on the last weekend before school starts, these tips will help keep more money in your pocket.
Jan 14 2015
A report from the Globe and Mail revealed that the number one financial resolution is paying off debt. While many people would love to simply pay their bills and be debt free, that's not often the case.