Latest News & Blogs

Anyone with extra space in their home has asked themself, should I rent out my basement? The opportunity to make an extra few thousand dollars is huge, especially while paying down your mortgage.   If you’re conflicted on whether or not you should move some neighbors downstairs, this pros and cons list should help you come to a decision!   The Cons of Renting out My Basement   Less Recreational Space for You Parking Becomes Tighter Increased Chances of L...

  We always recommend that you ask these 5 key questions when meeting with a mortgage broker for the first time.    Whether you’re preparing to contact a broker about a mortgage, or you’ve already started the process, you should ask:   What’s the best mortgage product or loan type for me? How much will I need for a down payment? What documentation will I need for a mortgage loan? How much interest will I pay on my mortgage? Am I...

There are plenty of factors to consider before when you're considering moving across the country. First, you’ll need to decide where you want to move, why you want to move there, and if the province/city you choose will be right for your lifestyle.   Choices – Narrow Down Your Yes List and No List Your first step should be to take stock of your lifestyle and the factors that are deal makers and deal breakers.  Are you an outdoor adventure seeker, or a...

Homeowners across the country have been ecstatic about the equity that’s been created in their homes over the last couple of years. Rising property values have increased Canadian’s abilities to borrow money and make improvements to their homes. Although there is a lot of equity to work with, there are still some things that homeowners need to consider before they decide to spend a lot of money on questionable renovations or remodels. Let’s jum...

Homes were flying off the market over the course of the pandemic, but now buyers have begun to become a bit more cautious. There are plenty of reasons for this apprehension, but primarily, buyers are not as worried about missing out on a home they’re interested in. Because of this changing mindset, some homeowners might be left holding onto their homes when they want to sell quickly. So if you've been googling, "how to sell my home fast", we've created this list of...

Each and every Canadian is facing the effects of inflation to some degree.  Gas, food, and energy costs are up across the board, and when you add in the duty of saving for a downpayment, things can seem overwhelming.  However, we have some tips on How to Save Money for a House During Record Inflation in Canada.   Inflation Has Surpassed Original Estimates In April, annual inflation rose to 6.8%, which significantly surpassed the Bank of Canada’s forecast of 2%. Unfort...