Year of the Tiger Be Strong. Be Confident. Be Brave… Be Happy. Well, it has been two years and it seems like the biggest topics of conversation have been lockdowns, quarantines, restrictions, variants, and COVID. Lives were flipped upside down, businesses closed, houses seem impossible to afford. Looking back, 2020 was the Year of the Read more about Year of the Tiger[…]
Another holiday season is upon us. This time around the buying is robust. Canadian millennials are expected to spend the most at close to $1600. From baby boomers to Gen Z, the average spending is around $1300. Many people go beyond what their budgets allow when it comes to holiday shopping. The result is maxed-out Read more about How To Manage Your Holiday Expenses[…]
It’s time to travel again. Despite the lingering issues with COVID, more areas in Ontario and beyond have opened for business. Unfortunately, due to inflation and supply chain issues, the expense of travel has increased. At the end of September 2021, Canada’s inflation rate was 4.4%. This is the highest number since February of 2003. Read more about Balancing Your Travel Budget With Your Home Savings Or Mortgage[…]
There are several factors to consider when buying a condominium. This includes reviewing how finances are handled by the condo board. This article details what to watch out for. Like other real estate properties within Ontario, the condominium market continues to thrive. In 2021, sales in the Greater Toronto Area (GTA) have increased over 70 Read more about What To Watch Out For When Buying A Condo[…]
A unique scenario occurred during the initial phase of the coronavirus pandemic. New mortgage lending reached all-time highs at chartered banks. Much of this was fueled by historically low-interest rates, thus, the majority of mortgages were renewals thanks to these lower numbers. The Post-Pandemic World The government has gotten a hold of the coronavirus’ tail Read more about How To Obtain A Mortgage In A Post-Pandemic World[…]
The New to Canada Mortgage is designed for new citizens of Canada. It allows you to finance a home purchase. However, there are some conditions to qualify. Welcome to Canada. Throughout our ten provinces and over 38 million citizens, you’ll find some wonderful places to live. Not only in big cities like Toronto and Vancouver Read more about What Is the New-to-Canada Mortgage Program and how do I Apply?[…]
Are you unaware of one or more NOSIs on your property? Chances are you may have at least one. Do you rent a hot water heater, security system, furnace or air conditioner? You then have a NOSI on your property and may not even be aware of it. What is a NOSI? A ‘NOSI’ stands Read more about NOSI Remediation – Getting Out of Home Equipment Rental Agreements[…]
You may be tempted to refinance your mortgage given that the rates have hit rock bottom. But, should you? The answer would be yes in most cases, but not all. Meanwhile, high vaccination rates are boosting economic recovery. The time will soon be ripe for the Bank of Canada to raise the interest rate. If Read more about Is the Time Right to Refinance Your Mortgage?[…]
If you’ve been living in your home for some years and making regular mortgage payments, then you’ve probably built up some equity. Regular payments, an increase in property value, and proper upkeep are all important factors that raise your home’s equity. A Home Equity Line of Credit (HELOC) is a revolving line of credit scored Read more about How A Home Equity Line of Credit Can Fulfil Your Dreams[…]
Another season has gone by where you toiled in the backyard. You mowed, trimmed, planted, and pulled weeds. When everything was done, you looked at your backyard and thought it was just okay. Something is missing in this space. It should be utilized beyond being a swath of green grass. It needs to be a Read more about Steps To Create A Backyard Oasis For The Spring[…]
