18 Sep 2013

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How to use your home’s equity

There are lots of benefits to homeownership, including of course building equity, and the freedom to use that equity towards financing elsewhere. Firstly, what is home equity? It is the market value of a homeowner’s unencumbered interest in their property, also known as real property value. With each mortgage payment you make, you’re building equity in your home. You can think of this equity as a source of financing when the unexpected happens. Borrowing money against the equity in your home usually comes at a lower interest rate than other avenues as well. How can you use the equity in your home? Pay off other…

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25 Sep 2013

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Simple advice for the credit-challenged

People can work hard to prepare for financial turmoil, but sometimes life just happens. When things get tougher…

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11 Sep 2013

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Highlights of the National Housing...

New data from the National Housing Survey has been released today, and in case you’re not interested in…

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4 Sep 2013

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The argument for opening up MLS

An interesting opinion piece in Real Estate Magazine, brought into light the battle going on between the Competition…

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4 Sep 2013

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Bank of Canada Rate Decision

Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…

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