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Assessing Brampton’s Real Estate Rollercoaster: A Tale of P...
The rollercoaster ride of Brampton's real estate market has left homeowners and industry observers reeling, with recent appraisal data painting a stark picture of volatility. A case in point is ...
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 ...
Featured Articles
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 ...
Most Popular Articles
Using Home Equity Loan to Pay Off CRA Tax Debt
Tax arrears Is a debt that can't be negotiated away, with a creditor you can't afford to ignore. It's never ...
What is a Consumer Proposal?
Consumer proposals are an important part of the Canadian insolvency process, and are the main alternative to filing for bankruptcy ...
First Time Home Buyers Ontario: Everything You Need to Buy Your F...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps ...
All Articles
Private Second Mortgage Kept Pensioner In Her Home
This heartwarming story illustrates the human side of private mortgages -- how this mortgage product gave a pensioner relief from an unmanageable debt load, ...
What Does a Private Mortgage Cost?
Private mortgages have a number of costs you may not expect, and different terms and benefits than traditional mortgages. Rather than just focusing on ...
When Is a Private Mortgage the Best Solution?
Regular home buyers with no problems to solve aren't who private mortgages were designed for. This article discusses when a private mortgage is the ...
Private Mortgage FAQs: What Is a Private Mortgage and When Would ...
Despite increasing in market share by nearly 50% in less than a year, most Canadians don't know what private mortgages are. This primer answers ...
Reverse Mortgages (55 yrs+)
If You Have Considered a Reverse Mortgage, Now Might Be the Best Possible Time to Tap Into Your Home Equity Reverse Mortgage is an ...
The Toronto Real Estate Market Is Alive and Well
It's no fun trying to buy a property in an overheated real estate market. Buyers find themselves competing against many others in an auction ...
How To Bypass Canada’s Mortgage Stress Test When It Gives a...
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases where it makes sense ...
Rising Interest Rates and Your Mortgage
Mortgage interest rates rise and fall for many reasons. Some borrowers feel the full impact of these gyrations as they have a variable rate ...
Rebuilding Credit After Consumer Proposal or Bankruptcy
After you file a consumer proposal, expect your score to drop into the low 500’s, maybe even lower than that. No matter how bad ...
What is a Consumer Proposal?
Consumer proposals are an important part of the Canadian insolvency process, and are the main alternative to filing for bankruptcy. We answer 5 of ...
Using Home Equity Loan to Pay Off CRA Tax Debt
Tax arrears Is a debt that can't be negotiated away, with a creditor you can't afford to ignore. It's never fun being hit with ...
Is Mortgage Pre-Approval Worth It
Whether shopping for a new home, have a mortgage renewal coming up, want to refinance or just want to know how much you're able ...
Mortgage Pre-Approval In Canada: What It Is & How To Get It
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine the amount, both for ...
First Time Home Buyers Ontario: Everything You Need to Buy Your F...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps to become a homeowner, ...
How to Fix or Rebuild Credit Fast in Canada
Situations often arise where a new mortgage application, or car loan/lease, is impacted by a credit score that's lower than expected. Frequently errors, or ...
How to Improve Credit Score in Canada: Tips, Myths & Real Ca...
Your credit score always matters no matter if you are buying a home, renting an apartment, leasing a car or any number of things ...
Can You Be Denied A Mortgage Renewal? Mortgage Renewal Advice Fro...
Canada's mortgage stress test and a new international accounting standard -- IFSR 9 -- are creating tremendous uncertainty for mortgage renewals, including for some ...
Mortgage Renewal Tips For Ontario
Auto-renewing your mortgage is easy, but can be a very poor financial decision. These top 3 mortgage renewal tips will help you get the ...
Alternative Mortgage Lenders Explained
The media paints alternative lenders as shadowy, less-than-reputable lenders who prey on desperate homebuyers. We look at the important role that alternative and private ...
Getting A Mortgage After A Consumer Proposal
Suppose you were in a consumer proposal and it’s now completely paid off. You have received your completion certificate from the trustee and now ...