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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
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 ...
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 ...
All Articles
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 ...
Paying Consumer Proposal Early Pays BIG time
Paying off your consumer proposal early pays BIG time! In the past few years, we have helped dozens of homeowners who are in a ...
Seven News Stories You Need to Know Now
SEVEN FINANCE NEWS STORIES TO KNOW ABOUT... in the Fall of 2017! Hot topic finance news stories from interest rates on the rise to ...
Reestablish your credit
How do you rebuild your credit? These days you can not avoid the need for a good credit score. Ross offers some insights to ...
Rising Interest Rates And How They Impact Your Mortgage
Here we explain the importance of protecting against rising interest rates as you approach your mortgage renewal date or while you are out shopping ...
ASKROSS Toronto Rental Property Questions And Answers
From the AskRoss mailbag, we answer our readers' questions about buying investment properties ...
ASKROSS: Toronto Homebuyers’ Questions And Answers
Here are a couple of questions from the AskRoss mailbag. One reader asks with prices so high in the Greater Toronto Area, which nearby ...
Not The Time For Short Closings In the Toronto Real Estate Market
Looking back to the Spring of 2017 we saw a period of uncertainty in the real estate market. A liquidity crisis hit certain alternative ...
Toronto Appraisal Too Low And Led To Big Time Trouble
Just because you are pre-approved does not mean you are good to go and can make a firm offer with no condition of financing ...
Private Second Mortgages Have Low Monthly Payments
I am always upfront with the costs and interest rates for a potential private mortgage client, as there is no denying there can be ...
Private Second Mortgage Solved Big Problems
Private mortgages are great tools for solving specific types of problems. Homeowners who need to consolidate debts or pay off a consumer proposal early ...
Early Pay Off Of Consumer Proposal Led To Best Mortgage Possible
When the bank said 'no' to mortgage renewal because of a consumer proposal, switching to an alternative lender and paying off the consumer proposal ...
After A Marital Split, Arranging A Mortgage Can Be Difficult
After a marital split, arranging a mortgage can be difficult. Some people find it hard to qualify for a mortgage when they are on ...
The Difference Between Down Payment And Deposit
First-time buyers can sometimes get confused by the terminology. For example, they understand you have to make a deposit when your Offer to Purchase ...
35 Year AM May Reduce Mortgage Payment By Ten Percent
35 year amortizations used to be a hot topic in the Canadian mortgage industry. There are still a couple of lenders offering them, but ...
When You Co-sign, The Borrower Now Controls Your Credit History
Most people do not understand that when you co-sign a loan product you are effectively handing over your credit history to the borrower ...
Think Outside Of The Bank
Most of us have accounts with a chartered bank, so it's natural we turn to them when we need a mortgage. But this article ...
No credit history qualified for a mortgage
This is a cautionary story about the importance of having your own unique personal credit facilities, and not to simply carry supplemental cards in ...
You Should Open An Account With CRA
CRA provides a terrific service where you can login to your own account online and access a ton of useful information. Find out here ...
You Must Review Your Credit History Before a Mortgage
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if sellers didn't generously extend ...