By now you have no doubt heard about Canada’s new First Time Home Buyers Incentive. But what is it? How does it work? What are the pros and cons? And what’s the deal with the “shared equity” system?
Almost everyone uses credit and having a good credit score is crucial to save money, increase the likelihood to be approved for loans and is key to financial success. Below, we go through what credit is and how your actions affect your credit score. With a knowledge on how to impact your credit score, you can ensure that you have a healthy credit score.
By now you have no doubt heard about Canada’s new First Time Home Buyers Incentive. But what is it? How does it work? What are the pros and cons? And what’s the deal with the “shared equity” system?
By now you have no doubt heard about Canada’s new First Time Home Buyers Incentive. But what is it? How does it work? What are the pros and cons? And what’s the deal with the “shared equity” system?
I want to show you a simple comparison on money spent on rent vs. money spent on buying a home. The number's I've used below are just estimates, but they ...
There has been speculation that Canadian interest rates are not done rising yet – and some say they will keep rising until 2020. This means borrowers will qualify for less when they’re looking to purchase, and current home owners can expect mortgage payments to climb at the time of their mortgage renewal, or if they are in a variable rate mortgage.
The general consensus is that we will see a rising interest rate trend in 2018. The economy in the early part of 2018 was not as strong as expected, but most economists ...
It seems variable mortgage rates will be standing pat, for now, as the Bank of Canada announced today it will be keeping the target for the overnight rate as-is, at ...
There are some good economic signs for Saskatchewan in 2018 & 2019. Many economists expect Saskatchewan to lead the country in economic growth. Potash has seen strong demand, increasing throughout ...
Interest rates scaring you? It is true that mortgage interest rates have come up over the last month. Keep in mind that this is a very small increase, and we’re ...