Interest rates have risen considerably – we all know this. None of us knows where they go from here, but what should you do with your mortgage, especially if it is coming up for renewal? Most experts are recommending the five-year variable-rate mortgage or the 2- or 3-year fixed rate […]
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The Bank of Canada held rates steady at 5% with today’s announcement, meaning there will be no change to lender’s prime rates. Watch the video below for more information: Today’s rate hold was fueled by last week’s weaker-than-expected GDP data, a decline in housing activity, as well as the impact […]
School supplies, clothing and other necessary items should involve careful budgeting and comparison shopping. Here are some top tips on how to save money this year as we also navigate higher interest rates, and higher living expenses. Understand the difference between a need and a want Some schools send lists […]
Debt is a financial tool that allows individuals and businesses to borrow money to achieve their financial goals. However, not all debt is created equal. Some debt can be considered “good debt,” while other debt is known as “bad debt.” Understanding the difference between the two can help you make […]
Hello, The Bank of Canada raised its key lending rate by 0.25% today. This increase affects mortgages and loans with variable or adjustable interest rates. This means most lenders will raise their prime rate to 7.20%. Watch Video Here for more information about the landscape of the current […]
Spending time with family Charades with a Canadian Twist: Make up your own pictures to act out and have each one represent something Canadian, such as Beaver, Moose, Hockey, or a Landmark. Serve some Canadian foods: Some popular Canadian dishes that you can make right at home include – Poutine, […]
Renegotiating your mortgage at renewal time is an excellent way to save money and ensure that you have the best mortgage product for your financial situation. “51% of Canadian homeowners don’t plan on changing lenders when their mortgage comes up for renewal — and 9% weren’t even aware that they […]
I am so glad you have joined me here today to use my budgeting tool. I hope you find it to be very helpful. I put together a simple sheet for you to try: CLICK HERE. I usually recommend that you print off your bank & credit statements, to […]
When working on your pre-approval or approval, I will ask you for a variety of documents depending on how you earn income. There are many different tax documents, and it can get a bit confusing, so I have broken it down for you! Here are a few commonly requested tax […]
An annual mortgage statement is a document sent to a borrower by the mortgage holder. This statement provides the borrower with key information related to the loan, activity on the account, and the remaining balances owed or other financial obligations for which the borrower is responsible. A mortgage statement is […]
