If you’re considering flipping a house, chances are you’ve watched a couple of HGTV episodes and figure the process is fairly straight forward. Buy a fixer-upper, give it some tender loving care and before you know it, you’ve made a sizeable chunk of change! While the...
Chances are, you’ve heard from countless people that owning a home is the best financial decision you can make. By investing in property, you’re accumulating net worth over time. By renting, you’re “throwing money out the window”. Although people will always need a place to live,...
Do you know exactly what kind of home you’d like, but are unable to find it on the market today? Or perhaps you just want to be the very first person to live in a house that’s been tailored to your specific preferences and tastes? Regardless...
News of the impending Pfizer vaccine has brought optimism to many Canadians, with a seemingly tangible solution to the COVID-19 pandemic in sight. While the fact that it’s been proven to be 90% effective in clinical trials is great news, it’s also left many of...
As the COVID-19 pandemic drags on, one trend that doesn’t seem to be tapering out anytime soon is the large number of city dwellers trading their urban properties for country living. With many of us still working from home, or having switched to remote work...
Due to the unprecedented amount of time people are now spending in their homes, the demand for larger homes has increased. People are selling their previous dream homes for new ones that can accommodate everything from online learning to at-home workouts to working from home....
The pandemic has had an incredible impact on many peoples biggest life decisions. From selling or buying homes, to delaying or changing wedding plans, to cancelling birthdays and reimagining retirement entirely - it is without a doubt that the impact of the pandemic on peoples...
People often contact us wondering just how they’ll be able to afford a home in today’s market. The good news? From a low down payment mortgage to using your Registered Retirement Savings Plan (RRSP) as a source of funds, buying a home has never been...
Being offered a better mortgage rate can seem very enticing at first glance. After all, who doesn’t love the idea of lower monthly payments – especially in an ongoing pandemic? However, that being said, breaking your current mortgage doesn’t come without its own set of...
For the third time since the pandemic began, the Bank of Canada has formally lowered the average mortgage stress test rate they base their calculations on to 4.79% - making it easier for potential home buyers to purchase property. Initially announced in 2017, the test was...
Choosing what kind of mortgage to get has historically been one of the trickiest decisions that an applicant can make. However, nowadays the difference between a fixed and variable mortgage is so apparent that the choice is becoming increasingly straightforward. With only 20 basis points or...