Now that the holidays are behind us, we’re quickly approaching the next period that brings our finances into focus—tax season. A common question I receive from homeowners is, should I put money in my RRSP (Registered Retirement Savings Plan) or use it to pay down...
Once you have your mortgage secured and your payments set up, it may be tempting to ignore it until you get your renewal letter from your lender. But I’m going to outline some reasons why there is no better time than the present to undergo a mortgage check-up to...
Many homeowners dread mortgage renewal time, especially when interest rates are rising as they are today.It means you’ll likely be resetting your mortgage at a higher rate, with higher monthly payments. But as always, you have options. Should you renew early to...
The big news in the mortgage world these days has been the steady increase in fixed mortgage rates. Since the start of the year, fixed rates have risen approximately one percentage point or 100 basis points. As a general guide, for every 0.25% increase in mortgage...
Securing financing to purchase a home can be a major undertaking. This is even more true for first-time buyers and particularly in today’s housing market. Having a licensed and experienced professional on your side throughout the mortgage process can bring...
