About twice a year, one of the big Canadian banks likes to run an advertising campaign for their cash back mortgages. These are mortgages usually with 5 year terms where you receive a certain percentage back in cash. The percentage varies from 1% to 5% in most cases. You can use these funds to build […]

Are you officially Mortgage Free? CONGRATULATIONS! That is a monumental milestone to achieve! With that significant accomplishment, you should look at obtaining a Title Insurance Policy. What most people don’t realize is that when you had a mortgage, the lender will likely have had this in place for you. Once your mortgage is paid out […]

When applying for any sort of loan, one of the most important metrics a lender is going to look at is your credit score. But what really is a credit score, who keeps track of it, and most importantly, how can you improve yours? There are a few simple ways to keep your credit score […]

While many in the industry thought we might see increases to amortization or relief from the previously imposed stress test, none of those were taken into consideration in today’s underwhelming federal budget. The announcements we saw in relation to home purchasers were: RRSP’s 1. An increase to the amount accessible from RRSP’s from $25,000 (where […]

Did you know that you can buy a home with ZERO down payment?? If a home purchase is your goal this year but you aren’t able to save up enough of a down payment, you may qualify for a low or zero down payment mortgage. One of our Lenders is offering a great zero down […]

When it comes to your home, big or small, be prepared to be bombarded by a number of insurance products to keep you protected. While it can seem overwhelming, it’s a good idea to get familiar with the basics of some of the insurance you will either need to have, or choose as an optional. […]

When we tie the knot with our soulmate, we assume it’s going to be forever. It’s pretty much written in the vows. Unfortunately not all marriages have fairytale endings. In fact, a very significant amount of marriages in Canada end in divorce. The most recent data suggests 38 per cent of all marriages in Canada […]

Homebuyers are starting to see relief and the pendulum swing their way for the first time in years. It’s no surprise, as we’ve have had a collision of circumstances that have both slowed the local real estate market and dropped prices down as much as 30 per cent. We have the stress test forcing borrowers […]

I just wanted to provide an update on a special project that’s been an exciting journey for me. Last fall, my first book The Mortgage Code became a best seller on Amazon in four categories, both in Canada and the U.S. An audible version of The Mortgage Code is available today. It’s an easy way […]

The federal government is looking to make home-buying more affordable for millennials – and one potential solution would have a noticeable impact on mortgage payments. Finance Minister Bill Morneau said in January there are “multiple things we’re looking at in order to think about how we can help in that regard,” referring to home-affordability issues […]