Mortgage Blog
Canada's Mortgage Experts
Category: Financing (17 posts)
Do you need a Personalized Paydown Plan for your holiday bills?
January 28, 2025 | Posted by: Jennifer Lall
Most Canadians suffer with their highest personal debt load in January, when the "holiday hit" arrives and your credit card statements let you know just how much the festive season cost you. It's espe ...
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Understanding Capital Gains in Canada
November 11, 2024 | Posted by: Jennifer Lall
What Are Capital Gains? Capital gains refer to the profit you earn when you sell a capital asset-such as property or investments-for more than its original purchase price. For example, if you bough ...
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7 Financial Tips for People Looking to Buy an Investment Property in Canada
July 19, 2024 | Posted by: Jennifer Lall
Investing in real estate can be a powerful way to build wealth, but it's essential to approach it with a well-thought-out strategy. Here are seven financial tips to help you purchase an investment pro ...
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Tips for Improving Your Credit Score Before Applying for a Mortgage
November 1, 2023 | Posted by: Jennifer Lall
Tips for Improving Your Credit Score Before Applying for a Mortgage For many people, buying a home is a significant milestone in their lives. However, getting approved for a mortgage is ...
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Bank Of Canada Rate Update June 7, 2023
June 7, 2023 | Posted by: Jennifer Lall
Bank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the ...
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A Six-Step, Back to Basics Financial Plan for Most Every Canadian
November 21, 2022 | Posted by: Jennifer Lall
It's a tough time to know what the right financial move is at the moment. Interest rates are increasing, while stocks are in bearish territory. It's easy to forget that there are smart things that you ...
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Budgeting for Inflation
August 3, 2022 | Posted by: Jennifer Lall
Budgeting for Inflation If you thought the end of the pandemic would bring a return to economic normalcy, 2022 has certainly been surprising. Summer has seen inflation return to the forefront of cons ...
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Spring Clean Your Finances
April 8, 2022 | Posted by: Jennifer Lall
Spring Clean Your Finances Spring finally arrived after a long winter, and with inflation and the rising cost of living on everyone's mind, there's never been a better time to do a little spring clea ...
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Six Tips For Financial Fitness This Fall
September 8, 2021 | Posted by: Jennifer Lall
It's September and there is some optimism that we may be moving towards the end of life in a global pandemic. The Fall has had always been a great time to go back to school on financial fitness, and ...
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What are credit scores and how are they important?
September 1, 2021 | Posted by: Jennifer Lall
A credit score is a number that shows how likely you are to pay or default on credit. It ranges from 300 to 850; the higher the number, the more creditworthy lenders deem you. Your credit history dete ...
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2021 Mortgage Stress Test - Latest Updates
May 3, 2021 | Posted by: Jennifer Lall
On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual ...
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April 21-2021 - Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program
April 19, 2021 | Posted by: Jennifer Lall
Available as: PDF The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The ...
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April 2021-Bank of Canada Releases Results from Consultations on Inflation and Monetary Policy
April 12, 2021 | Posted by: Jennifer Lall
The below details are what has been reported by the Bank of Canada Website Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank ...
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Multi-Family Lending: What You Need To Know About Hard Money Loans
March 22, 2021 | Posted by: Jennifer Lall
Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad ...
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Should You Refinance Your Mortgage?
February 1, 2021 | Posted by: Jennifer Lall
There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refi ...
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Strategies to Dig Yourself Out of the Debt Hole
January 11, 2021 | Posted by: Jennifer Lall
Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...
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Why You Need an Emergency Fund And How to Get One
January 4, 2021 | Posted by: Jennifer Lall
Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...
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