Could an Investment Property Be Your Pension?

An investment (or rental) property, can be a great option for generating additional monthly income and growing your wealth over time, if done properly. This strategy has multiple options and outcomes that can benefit Canadians such as: Supplementing income now and boosting pension in the future creating more financial freedom Allowing you to buy [...]

By |2022-07-19T14:22:42-04:00July 19th, 2022|Financial|0 Comments

9 Reasons People Break Their Mortgage

Did you know, approximately 60 percent of people break their mortgage before their mortgage term matures? While this is not necessarily avoidable, most homeowners are blissfully unaware of the penalties that can be incurred when you break your mortgage contract – and sometimes, these penalties can be painfully expensive. Below are some of the [...]

By |2022-06-09T11:17:55-04:00June 9th, 2022|Financial|0 Comments

Changing Your Financial Direction

Did You Know? The average Canadian owes $23,000 in consumer debt and has at least 2 credit cards. Source: If you live paycheque to paycheque, the idea of somehow having enough money to invest and eventually have financial freedom seems about the furthest thing possible. But experts in financial education like to point out, [...]

By |2022-06-09T11:09:01-04:00June 9th, 2022|Financial, Uncategorized|0 Comments

3 Mortgage Terms You Should Know

When we deal with our mortgages, there are three terms that we all come across: prepayment, portability, and assumability. They look like words we recognize, but in the finance world, they’re different than what you might think. So let’s go over them. Prepayments A prepayment is the payment of a bill or expense that [...]

By |2020-06-24T01:29:12-04:00June 24th, 2020|Financial|0 Comments

The New Conventional Mortgage ‘Stress Test’ Unnecessary And Harmful

The new mortgage stress test is unnecessary and harmful. With additional mortgage regulations on the horizon it is more important than ever to deal with a mortgage broker who understands the industry and can help you make the right financial decision for your mortgage needs. If you are considering refinancing your mortgage to access [...]

By |2020-06-24T01:20:31-04:00June 24th, 2020|Financial|0 Comments
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