Do you need help understanding reverse mortgages? Something that many of us have taken for granted over the years was the possibility of retirement. With the Canada Pension Plan (CPP) in place, and an average of $679.19 per month, many retirees wind up struggling to...
Is it time to refinance your mortgage? If you have found yourself in a time of financial hardship, you are not alone. With an unemployment rate of 10.9% in July of 2020, not everyone is back to full-time hours after the reopening of the provinces. We typically talk...
You have come to the decision to buy a house and have started your research and have started saving for the “out of pocket costs” for buying a home. This of course includes your downpayment, but it also includes funds for repairs and closing costs. So, What are...
Taking a look at the difference between fixed and variable rate What is the best mortgage product for you? It depends on your financial situation and what your financial goals are. If your mortgage has a fixed rate, the interest will be the same for however long your...
The time has come and you decided it’s time to start saving for your first home. You’ve done your research and you’re certain of every last detail. Except perhaps, how are you going to save for your down payment? Fret not! In this post we will discuss ways for you to...
Looking for more information about your pre-approval appointment? The first step you should consider in your home buying journey is getting a pre-approval. Your pre-approval gives you a maximum that you can be approved for and the kind of terms you should expect. It...
