They say a person’s home is their castle and that being healthy is being wealthy. There’s a natural fit between health and home — and the importance of both in our quality of life — which is why a new, unique partnership between HealthPartners and Capital...
Over years of owning a home and making mortgage payments, you’ve built a nicely-sized nest egg of home equity. However, that portion of your net worth is essentially untouchable until you choose to move or sell your home. A reverse mortgage allows you to borrow...
The long awaited and anticipated interest rate announcement was released from the Bank of Canada this afternoon. As many expected, the Bank of Canada raised the interest rate to 1.25% - the highest level since 2009. A strong Canadian economy, as demonstrated by a positive...
If you own a home in Canada, are currently house-hunting, or are looking to buy sometime in the near future, you’ve no doubt been following the news closely for the past few months. As soon as word hit that the Office of the Superintendent of...
Finding and purchasing your first home can be both thrilling and frightening all at once—thrilling because you’re taking a major step toward independence, and frightening because of the added responsibility that step means. Buying a home is easily one of the biggest financial decisions you’ll...
Did you know you can easily finance purchases related to home ownership (i.e., renovations or home repairs) by using your home as a borrowing tool? A Home Equity Line of Credit (HELOC) is a loan secured against the equity of your home. Because you’re using...
Now that December is finally here, we’re eagerly looking forward to the holiday season and to celebrating with friends and family. However, before we know it, snow will blanket the ground and we’ll be undercover for the next few months. Whether you’re a fan of...
There are a number of reasons why you might consider refinancing your property. One of these could be to capitalize on the equity you’ve built up in your home. For example, using the equity in your home can be a lower cost way of accessing...
Canadian Mortgage Rules Will Impact Residents In Many Ways in 2018 Canadians will have to go through some tough rules to get a mortgage with a properly regulated lender starting in 2018. In particular, Canadian home buyers will have to show that they can pay off...
If you are buying your first home, congratulations! This is an exciting milestone in your life, but it can also be a stressful one. Buying a home will likely be the most expensive purchase you will ever make and securing financing to make the transaction...
Are you wondering how to deal with a fallen tree that has damaged your home or property after a major storm? Here are some things to keep in mind: Does Your Insurance Cover It? Most home insurance coverage includes damage that results when your property is struck...
Most first-time homeowners who get good deals do so because they speak to a qualified mortgage broker like those at Capital Mortgages, who make the process of buying a home a walk in the park. The captivating nature of a dream home is hard to downplay....
Answers to some fundamental questions that most home owners want to sell a house usually ask. Selling a home? There are many questions to be answered before you sell home. The first thought that comes to you is that you can do it yourself. You could...
Do you think it's time to contact your local mortgage broker for a new home purchase or a refinance on your current home? Here are three things to consider before filling out the loan application. 1. How is your credit? Your credit score will impact your ability...
[caption id="attachment_3516" align="alignright" width="150"] Winter Moving[/caption] As terrible as the idea may sound, planning to move during the winter can be an excellent choice for many reasons. Sure, you may have to deal with the cold in the preparation of moving out, but on the flip...
In the process of buying a house, it is important that a homeowner sets aside money for closing costs. Usually, these costs amount to about three percent of the total cost of the house. A home buyer should ask a mortgage broker to explain the...
Missing an occasional payment will not affect you as much as missing a payment because you lack the funds necessary to pay your bills on time. Should you be worried if you miss a payment? If you find yourself in the latter scenario, you may...
When my husband and I fell in love with a cottage in 2010, we were first-time buyers, self-employed, and terrified. In that state I contacted Donna Mahoney, explaining that with our complete lack of experience we needed someone to hold our hand every step of the way,...
I want to thank you for all the help, advice and assistance in getting my mortgage sorted out. From the start you have been so helpful and always available whenever I needed you. Your office is efficient and organized, it's such a pleasure working with...
Selling a house can be a daunting task. Maybe this is your first time, or you have been through this before. No matter what, you could have several questions about what to do, and here are some helpful tips on how to sell your home...
If you are interested in improving your financial well-being, it can be as easy as understanding some basic numbers. In fact, just a few sets of numbers are the key to understanding your finances today and in the future. Let's take a closer look those...
There are many mishaps that can be avoided in life with the right knowledge, awareness, and tactics. Mortgage mistakes fall in this category. Recognizing mortgage mistakes made in Canada can aid in making an informed and educated decision. Bank loyalty will not give you the best...
You've done all that you can to lower your debt to income ratio. Now, you're finally ready to purchase a new home by putting down a 20% down payment. Following are seven mistakes millennials make when purchasing real estate along with a few tips that you...
Most Canadians, particularly Albertans have been both surprised and overwhelmed by the recent and sudden decline in oil prices. In reality, however, all that goes up will invariably come back down. Thus while it is important to enjoy the high points of a boom and...
Given high credit card interest rates and associated fees, debts can build quickly. Given the overwhelming pressure and stress that these financial problems can create, many people are looking for a fast and effective way out. If this sounds familiar, you may be wondering should...
Your Mortgage Broker Has The Answers Your Capital Mortgage Broker can effectively point you in the correct direction when trying to secure a mortgage. Searching the real estate market for a new place you can call home is a tough experience, since it is usually the most...
You should always expect your heating systems to always operate safely whether you are using natural gas, oil or propane. Heating equipment is a leading cause of home fire deaths so ensuring your systems are in great working order helps to safeguard you as well...
Buying a new home is a major landmark in your life - especially if it's the first time you have ever purchased a property. It's also most likely to be the biggest financial commitment that you will ever make in your life. If you are...
Having a good credit rating has always been important, but in current times it is more important than ever. This is why young people should start building their credit profile now. Young people want to have fun and live a worry free life, but building...