by Enoch Omololu, MSc (Econ)
Selling a home can be a challenging task even in today’s red-hot real estate market. Following through to achieve your goal requires that you hire a realtor, list your home …
by Enoch Omololu, MSc (Econ)
The federal government recently rolled out its Canada Greener Homes Grant program, a $2.6 billion grant that will help homeowners make their homes a lot more energy-efficient. Up to 700,000 …
by Enoch Omololu, MSc (Econ)
The last two years have seen Canadian real estate prices go through the roof (pun intended), with price increases of 20% to 40% in many of the top markets. As …
by Enoch Omololu, MSc (Econ)
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 …
by Enoch Omololu, MSc (Econ)
Tangerine Bank offers some of the lowest rates you will find in Canada by a banking institution. First-time home buyers know how important it is to get a competitive mortgage …
by Enoch Omololu, MSc (Econ)
If you are shopping around for mortgage rates, It’s good to know what to expect (or not expect) from dealing with mortgage brokers or going directly to the big banks. …
by Enoch Omololu, MSc (Econ)
The Home Buyers’ Plan allows first-time homeowners to withdraw money from their Registered Retirement Savings Plan (RRSP) and put it toward their home purchase. As an individual, you can withdraw …
by Enoch Omololu, MSc (Econ)
A mortgage broker can help you find a competitive mortgage loan rate and save you money over time. Compared to the default and difficult-to-negotiate rates often offered by traditional banks, …
by Enoch Omololu, MSc (Econ)
While the terms Home Equity Line of Credit (HELOC) and Home Equity Loan may appear similar to someone new to Canadian real estate terminologies, they mean different things, and I …
by Enoch Omololu, MSc (Econ)
Finding the best mortgage rate as a first-time home buyer in Canada can be challenging. From learning all about mortgage terms (such as variable and fixed rates) to comparing rates …
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