This is a short parable I first read in MoneySense many years ago. I recently thought about it again and searched for it and I want to share it with you. I do think it is such a fantastic parable, especially during these crazy times of higher inflation, higher interest rates, employer-employee battle for work-life […]
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Special Mortgage Rates at BMO
BMO Special Mortgage Rates last updated 2021-05-25
Special Mortgage Rates at TD Canada Trust
I’ve taken screenshots of TD mortgage rate special offers and promotions. Mortgage rates are at record lows now. Date: 2022-06-07 Date: 2021-01-17 Date: 2018-11-28 Date: 2017-08-24 Date: 2017-07-23
Why Canadian Housing Will Continue to Rise
One reason I’ve stayed out of real estate for a long time is because I keep thinking it’s overvalued. But, take a look at how much real estate is part of our GDP in Canada. Source: Statista. It’s a huge portion. It’s the biggest portion of our GDP. Manipulation by Groups of People And then […]
How to Live Financially Free
Living mortgage free is only one step to living financially free or secure. You need to develop a strategy if you want to be financially free. The ultimate strategy is earn more income. Sure, you can cut expenses, but, unless you’re making a lot to begin with, you still want to earn more income if […]
Interim Occupancy Fee for Condos Explained (aka “Phantom Mortgage”)
The Interim Occupancy Date So, you bought a new condo and you got your letter that you can move in. It has the term Interim Occupancy bolded with a move in date. This was the interim occupancy date. You may be excited, but, for me, that wasn’t a pleasant notice. It was at the time, […]
Is Living Mortgage Free, Financial Freedom?
Is paying off your mortgage and living mortgage free really like having financial freedom? When you have a mortgage, it may seem like it would be. When you finally pay off your mortgage, you realize it’s not yet quite financial freedom. But, you’re getting there! Related: How to Pay Off Your Mortgage Faster I’m mortgage […]
How to Buy a House in Ontario – Home Buyers Guide 101
Even with the new mortgage rules that came out in 2018, or the pandemic of 2020, the process for buying a house is the same. And it’s simple. From a very high level overview, it’s about finding a home seller and then signing a contract with that seller to buy that house. That’s really all […]