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by Jeremy
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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Posted by Jeremy
When searching for a home, choosing the right mortgage is a big part of the equation. Your mortgage…
Posted by Jeremy
According to a new poll released by CIBC, most Canadian millennials haven’t even started to save for a…
Posted by Jeremy
When Credit Education Month and Fraud Prevention Month fall in the same month, it’s a perfect excuse to educate yourself on the…
Posted by Jeremy
A credit rating agency is ringing the alarm that Canadians should be worried about a rise in mortgage…
Posted by Jeremy
A new survey shows an alarming trend regarding Canadians and their debt loads—one-third can’t cover their monthly bills.…
Posted by Jeremy
Today, the Bank of Canada announced that rates would remain unchanged at one per cent, as they expect…
Posted by Jeremy
November is celebrated in the financial community in Canada as ‘Financial Literacy Month’: This year’s FLM theme “Take charge…
Posted by Jeremy
One year before your mortgage approval comes through, you should be putting irons in the fire to get…
Posted by Jeremy
The headlines have painted a stark reality of Canadians’ debt levels, claiming things have surpassed critical threshold. Statistics…
Posted by Jeremy
While measures have been made on a federal level to cool hot housing markets in Canada, the National…
Posted by Jeremy
This week, the Bank of Canada raised their interest rate for the first time in seven years. But…
Posted by Jeremy
It’s a common belief that if you’re self-employed, the homeownership dream will always be out of reach. But…
