8 Oct 2014

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What First-Time Homebuyers Look Like in 2014

Earlier this week, Canada Mortgage and Housing Corporation (CMHC) released the results of their 2014 First-Time Homebuyers Survey, giving us some insight into what the average first-time buyer looks like in Canada. The survey polled 860 first-time buyers from all across Canada, who had undertaken a mortgage transaction in the last 12 months. Some of the interesting takeaways from the survey are: 84% of first-time buyers researched their mortgage options online, and 40% specifically on social media 70% of first-time buyers were satisfied with their mortgage broker Only 49% of first-time buyers were contacted by their mortgage broker post-transaction Some of the alarming numbers that…

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30 Sep 2014

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Preparing for Mortgage Applications

Whether you’re a first-time buyer or empty-nester, being properly prepared for your mortgage application will ensure the process…

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30 Jul 2014

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Changes in the Market Will Give More...

Calgary’s red hot real estate market is going to cool down slightly for the second half of the…

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24 Sep 2014

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What are mortgage penalties? How do I...

For some people, getting out of a mortgage early is a realistic option, especially if they are doing…

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17 Sep 2014

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Breaking Down Credit Reports

Anytime you apply for a credit product (mortgage, car loan, credit card, etc.), your lender is required to…

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10 Sep 2014

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Most Canadians don’t know what to...

According to a recent survey by LAWPRO®, 61 per cent of Canadians don’t know what options are available…

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3 Sep 2014

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Are you “credit...

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

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27 Aug 2014

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Adopt your mortgage? You heard right

The average consumer goes into a fixed-term mortgage thinking they will “set it and forget it”, but the…

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20 Aug 2014

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Most Canadian Renters Want to Buy a Home

According to a study released this week by Altus Group Canada, 80% of Canadian renters under 50 would…

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14 Aug 2014

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Lying On Your Mortgage Application is...

According to Equifax Canada, one in ten Canadians admit it’s okay to inflate their annual income on a…

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6 Aug 2014

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When Thriftiness Can Hurt Your Credit

If you’re planning for a big purchase, like a home, you’re likely paying extra careful to your spending…

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23 Jul 2014

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Behind on your mortgage? How to help...

Financial difficulty, whether short-term or long-term, can happen to anyone at any time. Your home is one of…

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17 Jul 2014

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Tips to Prevent Identity Theft

You’ve probably heard a lot of tips on credit and insurance fraud in the past, but are you…

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