4 Key Things to Know about a Second Mortgage

A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off higher-interest debts (such as credit cards and student loans) that a [...]

By |2023-01-31T11:36:48-05:00January 31st, 2023|Financial, General, home, mortgage|0 Comments

Labour Force Report

Employment Report Ended 2022 With A Boom Today's Labour Force Survey for December was much stronger than expected, raising the odds of a 25 bps increase in the policy rate by the Bank of Canada on January 25th. While the Bank has hiked rates by 400 bps to 4.25%, core inflation remains sticky, wages [...]

By |2023-01-31T11:23:19-05:00January 12th, 2023|Financial, General, home, mortgage|0 Comments

Reverse Mortgage

A reverse mortgage from HomeEquity Bank is designed to give Canadians 55+ access to up to 55% of their home equity, tax-free. CHIP Max provides loan amounts that are higher than the standard CHIP Reverse Mortgage. If your client requires more money than the CHIP Reverse Mortgage provides, CHIP Max can be a great [...]

By |2023-01-12T13:06:12-05:00January 12th, 2023|equity, Financial, home, mortgage|0 Comments

New Years Resolution!

Your finances aren’t the only thing that has room for new resolutions in 2023! Consider these great ideas to make your home feel brand new come January: Purge Your Space While most people think about purging when Spring comes around, the end of the year really is no better time. While cleaning your home [...]

By |2022-12-29T12:21:20-05:00December 29th, 2022|Financial, General, home|0 Comments

So, You Want To Be A Landlord?.

Are you dreaming about owning a rental property and making some extra income each month? Before diving into becoming a landlord, there are some things you should know from the advantages and disadvantages to some tips when it comes to buying a rental property. Advantages of Owning a Rental Property If you’re looking to [...]

By |2022-11-09T15:09:49-05:00November 9th, 2022|Financial, mortgage|0 Comments

Retirement Worries Weighing you Down?

It’s natural to have uneasiness over the state of your retirement preparedness due to the inherent uncertainties involved: How long will I live? Will my health or my spouse’s health fail? and when? How much will my current assets and investments grow in value? How will inflation impact the next 5, 10 or 20 [...]

By |2022-11-09T15:13:18-05:00October 17th, 2022|mortgage|0 Comments
Go to Top