What To Know About Re-Financing Your Mortgage Throughout COVID-19 The ongoing pandemic has thrown all of us for a loop, with many people either being temporarily laid off, having their salaries cut or being let go altogether. It’s a scary and unprecedented time that is leading...
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...
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...
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...
[caption id="attachment_3450" align="alignright" width="300"] Buying a Second Home: Are You Ready?[/caption] Life is pretty good when you are successful and making good money. Your mortgage isn't even an issue anymore, your income is steady, you have great credit, and you are leaning towards exploring profitable opportunities...
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...
Economic stresses can happen to the most careful individuals. You may think you are prepared by planning, budgeting and saving, but unexpected issues can arise for various reasons. Identifying areas where you are the most vulnerable and making contingency plans is one aspect of the solution, but sometimes these...
In hard economic times, you may be looking for ways to cut costs, but saving money is not the only reason why you should refinance your mortgage. You can use cash freed up to build a retirement account, do a remodeling project or send your...
For those who are taking out a mortgage for the first time, knowledge of the effect of changing mortgage rates may be very limited. About one-third of first time borrowers expect the interest rate to remain the same over the next five years. Unfortunately, this...