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Canada’s Renter Bill of Rights Update: Impact of Rent Payments on Credit Scores Explained

Understanding the Potential Benefits & Challenges of the New Credit Score Integration for Renters In a bold move to reshape the Canadian housing market landscape, the government has proposed a ...

10 Real Estate & Financing Challenges – When to Consider a Private Mortgage Solution

Buying a New Home Before Selling? The Dilemma of an Unsold Property Note to our reader: For client privacy, the names of the subjects in this story have been changed ...

Bank of Canada Rate Hike Announcement

After the January 24, 2024 meeting, the Bank of Canada maintained its overnight rate for the fourth time in succession. It appears we really have hit the ceiling of rate ...

Economic Forecast: National Bank’s Inflation Predictions an...

National Bank of Canada's latest forecast suggests that Canada's headline inflation may reach the neutral target of 2% by this summer, a year ahead of the Bank of Canada's projections ...

Insights from StatCan: Renting in Canada and Its Impact on Life S...

Recent findings from Statistics Canada's 2021-2022 Canadian Social Survey shed light on the broader implications of renting in Canada, revealing that the challenges extend beyond financial burdens to encompass overall ...

Convenience at Your Fingertips: Introducing Toronto’s New P...

Exciting news for Toronto residents as the City of Toronto unveils its latest offering – the Pre-Authorized Tax Payment Program. With this innovative program, paying your taxes just got easier ...

Extension of Foreign Buyer Ban on Mississauga Real Estate

Recent news of the extension of the foreign buyer ban on real estate has left Mississauga residents pondering its implications on the local housing market. On Sunday, February 4th, the ...

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Using Home Equity Loan & Mortgage Refinancing to Pay Off You...

If you are a homeowner in the middle of a consumer proposal, it's good to know you can get a home equity loan or ...

Two Ways To Pay Off Your Consumer Proposal Early

Once your consumer proposal is approved, a new reality sets in and you adjust to a life of better budgeting and without credit, it’s ...

The Joy of Helping Families Find the Right Mortgage

Here, Tenely gives us the highlight reel of the amazing military families that recently walked “through the doors” of Ross Taylor and Associates and ...

Demystifying Military Moves and Mortgages

Demystifying Military Moves and Mortgages. Get the full scoop on a successful move in this VIDEO starring Tenely, mortgage agent and military spouse extraordinaire ...

The Single Biggest Mistake Made By First Time Home Buyers

Can You Guess The Biggest Mistake First Time Home Buyers Frequently Make? Hint: It’s NOT choosing the wrong paint colour! As a first time ...

What You Need to Know About Mortgage Co-signing

Thanks to tighter mortgage qualification rules and higher-priced real estate—particularly in the greater Vancouver and Toronto areas—it’s not always easy to qualify for a ...

Early Payment Of Consumer Proposal A Total Game Changer

This couple from BC tracked us down at AskRoss looking for relief from a large private second mortgage and also a honking big consumer ...

How To Buy A Home In The HOT, HOT, HOT Ottawa Market

The Ottawa Region has been on a tear for a few years now, and there is no sign of things slowing down. In fact, ...

How To Pay Your Property Taxes

Property tax bills come in three separate chunks throughout the year. But what is the best–easiest, smartest, fastest way to pay your property taxes? ...

State of the GTA Market February 2018

Here we spoke to several real estate agents who are leaders in their respective markets and gained insights of where their local market was ...

Homeowners in consumer proposal want to renovate their home

Homeowners in consumer proposals often find themselves with more options than renters. The strong real estate market might have yielded equity gains which they ...

What Does Mortgage Stress Test Mean?

Here we explain the mortgage stress test - what it means, why it exists, and how it affects you the mortgage borrower ...

Ross Taylor on Winning the 2017 Financial Literacy Leader of the ...

Ross is the reigning Financial Literacy Leader with Mortgage Professionals of Canada. In late 2017, following many years of writing and speaking on financial ...

ASKROSS Answers: As A First Time Home Buyer, How Do I Use My RRSP...

A first time buyer with questions about tapping into their RRSP when buying their first home comes up quite often. It’s quite easy actually ...

ASKROSS Decodes Mortgage Lingo: Loan To Value And High Ratio

Here we explain what “loan to value ratio” means, and also the all important “hi ratio mortgage”. This is when your down payment is ...

Massive CRA Debt Settled with New Mortgage

CRA re-assessed several years old tax returns for this homeowner, and he found himself in a huge mess with a massive tax bill. Fortunately, ...

Why Does Small Down Payment Get A Lower Mortgage Rate?

It's counter-intuitive that high-ratio higher-risk mortgages qualify for lower interest rates, and banks will compete to go lower. We explain why this lending paradox ...

The Myths About Co-Signing For a Mortgage

What makes a strong mortgage co-signer? Not a great job, nor huge equity with tiny mortgage, nor a fantastic credit score is enough on ...

ROSS REVIEWS: “Straight Talk On Your Money”, by Doug ...

Doug Hoyes is one of the good guys in the world of consumer proposals and bankruptcies. He published a book chock full of useful ...

The Bi-weekly Mortgage Payment Myth

Many people believe that making biweekly payments is the best way to pay down your mortgage faster and with less interest. Ross explains why ...

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