What’s Driving Your Mortgage Rate?

Have you ever wondered how mortgage rates are calculated? Does the Bank of Canada just send out a memo to all the financial institutions across Canada? Or do banks make their own ….

7 Questions to Ask Your Broker

If you’ve decided to use a mortgage broker to handle your mortgage, you should ask some basic questions to make sure you find the right fit for your needs. Applying for a ….

Is This Your First Mortgage?

Buying a home is a major financial decision and shopping for your first mortgage can seem overwhelming. You’re walking into a whole new world of prime rates and amortization and fixed vs ….

Lending Basics: Mortage Term Vs Amortization

With so many things to think about—interest rates, amortization, short-term vs long-term, variable vs fixed—, buying a home can feel like overwhelming endeavour. However, if you learn to talk the talk, you ….

Interest Rate Update

The press is always buzzing about interest rates, whether they’re up or down, whether you should be worried or hopeful. Although it may seem like something only economists would be interested in, ….

Credit Scores: Not the Final Word

If you’ve been getting your financial ducks in a row with the intent of purchasing a home, chances are the first thing you’ve focused on is your credit score. But here’s the ….

Which Mortgage Term is Right for You?

When you’re thinking of applying for a mortgage, your mind likely turns to finding the best interest rate. Not so fast! The mortgage term bears serious consideration and is often an afterthought, ….

Banker vs Broker: Weighing Your Options

You’re ready to take the leap into homeownership. Or perhaps this isn’t your first rodeo. Either way, you have a decision to make. Are you going to work with a bank or ….

Getting Started with Your Canadian Registered Retirement Savings Plans (RRSP)

RRSPs. Registered Retirement Savings Plans. You’ve heard of them. Everyone’s telling you need them. Your bank has posters touting their benefits. But what exactly are RRSPs? A common misconception is that RRSPs ….

Staying in the Black: 5 Financial Tips for Small Business Owners

Entrepreneurs are passionate dreamers who work hard to bring their ideas to life. They thrive on serving their customers and savour the thrill of successful sales and marketing campaigns. But accounting and ….

Getting Schooled: Registered Education Savings Plans (RESPs)

According to Statistics Canada, Canadian undergraduate students paid an average of $6,191 in tuition fees in 2015/2016—which adds up to nearly $25,000 for a 4-year degree. And that’s just tuition! There are a myriad ….

Renewing Your Canadian Mortgage?

The mortgage renewal letter has arrived from your lender and you’re ready to sign on the dotted line. But before you put your John Hancock on those papers, take some time to ….