We are currently living in unprecedented times that are difficult and challenging for everyone. There are very few industries that have not been affected by the global COVID-19 pandemic, meaning that many people are working on reduced hours or may have lost their jobs altogether....
Here’s the Average Price of a Home in Each Canadian Province While Capital Mortgages primarily services the Ontario region, many of our clients like to ask us how far their money would go in Canada’s various provinces. To help you get an idea of what you...
Wondering which communities in Canada offer the highest quality of living? Each year, Macleans releases its report highlighting 50 of the country’s best communities, ranked by factors such as wealth and economy, affordability, population growth, taxes, commute, crime, weather, access to healthcare and amenities and...
Unlike a credit card or a line of credit, your cell phone is an open account – meaning that your balance must be paid in full by the end of the month, otherwise you risk earning a negative mark towards your credit score! Many people mistakenly...
Does thinking about the world of financial investment make your head spin? With so many ways to make your dollars go further in today’s world, it can be tricky to decide where to channel your focus. From the stock market to investment funds, mutual bonds...
One of the most common questions we get as mortgage specialists revolve around how much applicants can afford to spend on their home. In order to calculate what this golden number is, you’ll have to look at a few factors including: Your household income Your...
What is Canada’s First-Time Home Buyer Incentive and How Can You Benefit From It? Are you hoping to buy your first home but unsure of how you’ll be able to save up the money required to put down the necessary down payment on it? For young...
In part 1 of this blog series, we assessed the benefits of buying a home over the holidays – including quicker sales closing rates and having fewer buyers to compete against. But let’s look at things from a seller’s perspective now and analyze how listing...
While buying or selling a home over the holidays might initially seem like a bad idea considering how busy everybody is throughout this time of year, it can actually work to your benefit in a number of ways. In this two-part blog series, we explore...
First-time homeowners tend to look for the lowest interest rate available when considering which mortgage to purchase. However, it’s important to note that a low rate isn’t necessarily the only criteria that will determine which product is best suited to your lifestyle. Everybody’s circumstances are...
Are millennials able to afford what baby boomers once were, or has the landscape changed drastically? With inflation rates rapidly rising and the cost of owning property quickly growing year over year, we thought it would be interesting to take a look at what first time...