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How to get a mortgage in Canada: The definitive guide

25 April, 2018 / by

There are few milestones in life more exciting and memorable than purchasing a home. It can be a great investment, and for many, it's a culmination of a great deal of hard work, sound budgeting, and disciplined saving. As you approach the homebuying process, however, it's important to understand how...

3 Ways to Pay Off Your Mortgage Quicker

3 April, 2018 / by

Owning a home can be incredibly expensive depending on where you live. Most homeowners must take out a mortgage to finance the purchase of their properties if they are unable to pay for it outright. Although mortgages are common, nobody likes being in debt for an extended time period. This is why so...

12 Things Canadians Don’t Know About Second Mortgages

29 March, 2018 / by

If you’re a Canadian homeowner, you've probably heard about second mortgages. But what is a second mortgage? It’s a type of loan that is secured by your home, similar to a first mortgage provided by a traditional bank. Over time you build up equity in your house, and a second mortgage allows you...

Refinancing a Mortgage in Canada: Your Step-By-Step Guide

15 March, 2018 / by

Owning a home allows you to build credit, grow equity and invest in your future. Whether you are shopping for your very first home or you're a long-time homeowner, it’s important to understand how to navigate the mortgage process, especially when it comes to refinancing a mortgage. When you fir...

5 Important Tips for First-Time Homebuyers

21 August, 2017 / by marketing

It’s often said that a home is the biggest investment you’ll ever make. For first-time homebuyers, the process is about much more than money. Without preparation, the costs of homeownership can run much higher than you initially planned. Buying your first home is one of the biggest decisions...

Canadian Millennial’s Guide to Buying a Home

2 May, 2017 / by marketing

The transition from rent to homeownership has many obstacles for millennials. We’ve put together this guide to help young people make homeownership work for them. Buying your first home is one of the biggest financial decisions you’ll ever make. For millennials struggling with lower income and ...

Self-Employed and Buying a Home: The Case for the Mortgage Broker

28 December, 2016 / by marketing

We live in the digital age of entrepreneurship, but for many Canadians, this means qualifying for a mortgage has never been more difficult. It is estimated that about 10% of Canadian workers are self-employed,[1] a figure that has increased steadily since the financial crisis. With the continued ex...

Canada’s Mounting Debt Approaching Critical Level as Households Struggle to Pay Their Bills

17 October, 2016 / by marketing

More than half of Canadians are within $200 of being unable to meet their monthly expenses, yet households still show no sign of debt aversion. More Canadians are falling behind on their bill payments, while the majority of households are within $200 of being unable to meet their monthly expenses,...

OSFI Tells Banks to Stress-Test a Sharp Decline in Home Prices in Greater Vancouver, Toronto

28 July, 2016 / by marketing

OSFI urges some banks to stress-test a 30% drop in home prices. Canada’s banking watchdog is requiring some financial institutions to stress-test against sharp declines in house prices in Greater Vancouver and Greater Toronto, the country’s two hottest markets. The Office for the Superintend...

The Culture of Debt: Canada’s Growing Credit Problem

17 June, 2016 / by marketing

Canadians are carrying record debt levels and seem ready to handle more. Is this a cultural norm or lack of credit education? Nearly three-quarters of Canadian families carry some form of debt.[1] This figure is expected to increase as debt acceptance remains a cultural norm. But under the seams o...

How Many Consumers are Going Black Friday Shopping?

24 November, 2013 / by marketing

Cross-border shopping is something that many Canadians can say they've done at some point or another in their lives. While there was a dip in consumer spending across the border for a small period while people adjusted to new passport rules, and the exchange rate simply didn't make sense, the trend ...

How to Start Christmas Shopping Early

21 November, 2013 / by marketing

Today we wrap up our mini-series on Christmas shopping by telling you some tips you might want to take with you if you're thinking about starting your Christmas shopping early. The entire reason you start that shopping early is to not only get it done and behind you, but also give yourself time that...

Christmas Shopping Tips

20 November, 2013 / by marketing

With a mini-series that began on Sunday and revolved around the subject, we've been doing a lot of talk about Christmas shopping. So far we’ve found out that while many consumers will be researching their purchases online, after they do so the majority will also be heading out to brick and morta...

How Much will You Spend on Christmas?

18 November, 2013 / by marketing

Yesterday we started our mini-series on Christmas shopping by looking at whether consumers are planning on visiting stores or shopping online for their Christmas gifts. Today we'll look at how much those consumers are actually planning on spending, and whether or not most have have planned on decrea...

A Look at Early Christmas Shopping, and how It’s Done

17 November, 2013 / by marketing

We all know that getting at least some of your Christmas shopping done early can be a big help when it comes to saving that budget. And it can also help when you're shopping online trying to get things in before the big 25th hits. So today we look at those two very important elements of Christmas,...

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Buying a house or rental property is a lot of work. The last thing you...

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