What Happens if I Miss a Mortgage Payment?
Did you know that, overall, 40 percent of Canadians have a mortgage, and most Canadians aged 25 to 44 (nine in 10) will hold a
Did you know that, overall, 40 percent of Canadians have a mortgage, and most Canadians aged 25 to 44 (nine in 10) will hold a
Buying a house is an exciting time, regardless of whether you’re a first-time homeowner or this is your second or even third rodeo. What’s not
With homeownership comes repairs; discover the average price of installing a new roof in Canada. When you own a home, there will likely come a
There are several advantages to buying a property— you can create a dream home as you have complete freedom to renovate or remodel it. You
Canada’s household debt crisis and how to manage your debt load on a monthly basis is an important topic of discussion. Canadians are increasingly racking
Are Homeowner Debt Consolidation Loans Bad for Your Credit? The average Canadian struggles with balancing their life and family with their financial debt. This unprecedented
Real estate investments & income taxes: Taxes are no fun for anyone, except perhaps accounts, but they are an inevitable part of life. Getting your
What Are the Benefits of a TFSA vs RRSP? When it comes to money management and savings, “TFSA” and “RRSP” are probably two of the
What You Need to Know About Home Equity Loans. So, you are considering renovating your home. Or, maybe you want to be able to send
In Canada, about 72% of all outstanding residential mortgages are handled by six of the country’s biggest banks: RBC, Scotiabank, TD, BMO, National Bank, and CIBC.
Curious about the importance of a Notice of Assessment and T1 General? Suppose you’re hoping to become one of the 6.08 million homeowners looking to get
Do you want to stop living paycheck to paycheck? Or, stop worrying about running out of spending money before the end of the month? Always
Mortgage Prepayments vs Increasing Your Monthly Payments? The average new mortgage loan in Canada rose to exceed $300,000 for the first time while consumer debt
Setting financial goals for your future will make you that much more likely to achieve them. According to recent studies, a staggering 95% of millennials
Getting a mortgage with bad credit while self-employed is not as difficult as you think. Alternative lenders usually have programs and products that consider these
7 common misconceptions of refinancing a mortgage: Are you thinking of refinancing your mortgage? Times change, and so will your mortgage needs. But finding the
Are you considering a move to the Great White North? Are you thinking about moving to Canada? Or you’ve moved to Canada in the last
Research shows that Canadian homeowners tend to have more debt than non-homeowners. Racking up debt with credit cards or your mortgage influences your credit rating, impacting
In Canada, homeowners can refinance mortgage terms and renew them, but which one is the better option? One of the overlooked benefits of buying a home
Purchase Plus Improvements Mortgage in Canada are becoming more popular. Many homes have great locations and good bones. But, more and more homeowners want to
ledgerCryptocurrencies are an emerging form of technology that is an alternative to fiat currency. The most well-known form of cryptocurrency today is Bitcoin, which uses
While summing up the ups and downs of 2020, Canadian Mortgage Trends observed that mortgage rates in Canada weren’t just low to end off the year. They
How to Refinance Your Mortgage After Bankruptcy How to Refinance Your Mortgage After Bankruptcy? We get this question a lot and we hope to provide
Divorce and spousal mortgage buyouts happen more than you’d think. Out of 87 countries, Canada has the 29th highest divorce rate as one in every
Be mortgage free sooner with these 3 effective techniques. Homeownership offers families a significant amount of peace of mind, but it comes at a high
Basement Renovations – Costs and Ideas. In 2019, Canadian homeowners shelled out $80.1 billion in order to renovate their homes. However, it was expected that due
.There are lots of ways to use a home equity line of credit so let’s explore a few of them. If you’ve lived in your
Thera are an infinite number of reasons to use a mortgage broker but we are going to highlight the top 7. It’s no secret that
There are many strategies to pay your mortgage off faster. Very few people can buy a home with cash. Most of us need a mortgage
The difference between an Open Mortgage vs Closed Mortgage vs Variable Rate Mortgage is one that confuses most people. Almost 540,000 Canadians bought a home in
Mortgage Protection Insurance can offer a homeowner peace of mind. A home is usually the biggest purchase you will make throughout your life. But you might
Is My Bank The Only Option For A Second Mortgage? There are many reasons why you would want to take out a second mortgage, and
Consolidating your debt can make sense no matter how much you owe. The average Canadian’s consumer debt was $72,950 in 2019. That has increased beyond
Navigating through the various types of mortgages available to Canadians can help you secure a great mortgage. 67.8 percent of Canadian families own their principal residence,
From banks to credit unions there are reasons why you should use a mortgage broker. There are various routes to homeownership in Canada and using
Thinking about what to do if your mortgage renewal has been declined? Your mortgage is the foundation of your home. Mortgages in Canada are normally
Mortgage arrears strategies are important in order to avoid foreclosure or power of sale. Having a mortgage loan in arrears means that you are behind
Thinking about what it will mean if you co-sign for a mortgage? With the rising housing costs in Canada, it can be difficult for an
There are several mental tips to get out of debt faster in order to alleviate stress and anxiety. Debt can weigh you down as much
If you’re new to homeownership, understanding the importance of title insurance might be a new concept to you. It’s an important part of homeownership that
How to keep a basement renovation on a budget. Do you have an unfinished basement right now? Having an unfinished basement means you have endless
Let us help you navigate how to get a mortgage with no income verification. Obtaining a mortgage is hard enough without adding uncommon elements, such
Let’s take a look at the Top 6 Benefits of Getting a Private Mortgage. Are you looking to buy your first home? With the Canadian
Getting A Mortgage With A Bad Credit Score is not as hard as you think. 87 percent of Canadian homebuyers say they’re confident that purchasing
When you apply for a home loan, you may be presented with a lot of different options. The option you choose will affect not only
Did you know that a home equity loan can help you avoid a consumer proposal or personal bankruptcy? Home equity loans are a great option
Hard vs Soft Credit Inquiries. If you’re unsure about letting your bank check your credit report, it’s most likely because you’re afraid it might harm
Ever wonder if you should pay the statement balance on your credit card? When you get a credit card, it can be exciting. You can
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