Editor’s Note: This is a guest post written by Sean Cooper from mortgagepal.ca. The Office of the Superintendent of Financial Institutions (short for OSFI) has been a popular topic around...
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As much as we would like summer to hang around indefinitely, the reality is that cold days are ahead. Fall is a good time to prepare your home for harsh winter conditions and the peculiar problems...
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It’s no news that mortgage rates are on the rise in Canada. After several years of rock-bottom interest rates and “easy” credit, home buyers are back to fretting about the...
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Editor’s Note: This is a guest post provided by Darlene Mase, from Zumper.com. Whether now, in the near future, or further on down the line, many individuals aspire to buy a home. To be sure,...
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The Home Buyers’ Plan allows first-time homeowners to withdraw money from their Registered Retirement Savings Plan (RRSP) and put it towards their home purchase. As an individual, you can...
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There are many easy ways to save money around your home – from small savings on your utility bills to big savings on your mortgage. These 20 smart money-saving strategies will help you improve...
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The world of safe investments has never been a get-rich-quick playground. But at current interest rates, it’s more like a get-poor-slowly sinkhole. Savings account rates are up a bit in the past few...
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Fixed mortgage rates have been going up, rising to multi-year highs as the yield on the Government of Canada’s 5-year bond continues to rise. Anticipation of further rate hikes by the central...
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Mortgage rates are trending up in Canada, leaving many new home buyers and those looking to renew their mortgage worried. The newest shocker in the mortgage rates saga was TD Bank suddenly raising...
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The Smith Manoeuvre is a strategy that is used to convert the interest you pay on your mortgage into a tax-deductible investment loan interest. The strategy derives its name from the financial...
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