16 Aug 2018

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Fixed or variable rate mortgages?

So, you’ve decided to buy a home, now what? Buying a house is usually the most expensive purchase in a person’s life, so it should be preceded with caution. Once you decide on the house and location, you must decide on a down payment amount and a mortgage rate that you can afford. A general rule of thumb is to put down 20 per cent of the house price so that you can reduce the amount of money you pay in interest; however, first time home buyers can put down as little as 5 per cent for a down payment if they so desire. When…

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8 Aug 2018

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How to budget for back-to-school

As we reach the end of the second week in August, summer has flown by! We know it…

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1 Aug 2018

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Good news for self-employed homebuyers

Over the last five years, Canada has seen a steady increase of people who quit their nine-to-five jobs…

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