No one buys a home without thinking of it as an investment or as a huge decision with both long-term and short-term effects. After all, even if you’re only buying a second home, or a transition home, a house is still an expensive purchase. Why Get A Lawyer? There is no doubt that there is […]
Should You Have a Real Estate Lawyer When Buying A Home? Read More »
Nothing beats diversification when it comes to building a solid investment portfolio. Where to find a good investing opportunity then? The stock market is a favourite for many, but it comes with a high level of risk. You’ve also got government backed securities, something that offers little risk but is at the mercy of inflation.
Why You Should Invest as a Private Mortgage Lender Read More »
No one finds bad credit attractive. It is even much worse when you need to borrow from credit facilities because it shows all the skeletons in your borrowing history. Times when you’ve defaulted in your payments for one reason or another such as failing to pay on time can gravely affect a lender’s decision to
5 Ways to Turn Your Bad Credit Around with Refinancing Read More »
With real estate prices soaring high for hot markets like Toronto and Vancouver, mortgage insurers and the government are attempting to cool down hot markets with a change in mortgage rules starting today. Starting mid-February, portion of mortgages above $500,000 will require a 10% down payment, a move that’s been calculated to slow down the
New Mortgage Rule Now in Effect Read More »
Planning to purchase a new home? Moving to Toronto or Vancouver soon? You might be in for a surprise starting February 15,2016! Vancouver and Toronto’s housing markets are at a frenzy and the Liberal government turned to tweaking lending rules in an effort to cool them down. The Big News In an announcement a few
Toronto and Vancouver Mortgage Rules to Change Starting mid-February Read More »
Buying your first home is a proud moment! Who doesn’t want to own their own home? The problem is that a mortgage can be the most expensive bill you’ll ever have to face, but if you plan ahead you’ll be able to avoid a lot of the pitfalls that come with home mortgages. Here we’re
3 Things You Need to Know About Home Mortgages Read More »
Buying a home for the first time when you’re Canadian is a unique experience. There’s now a dizzying array of options for borrowing: private mortgage lenders, second home loans and home equity loans, they can all be confusing! If you want to get a good deal and understand the contract you’re entering into for the
Buying Your First Home with a Home Mortgage Read More »
Are home equity loans accounting for most of the increases in household debt? Bank of Canada warns that Canadians may be taking on more HEL debt than they can handle. A study of borrowing trends has confirmed that loans secured by the equity in homes are adding to the outstanding debt, and not home mortgages,
Home Equity Loans Account for Most Canadian Household Debt Read More »
