Every province and territory in Canada has some tax or fee whenever you purchase a home. You should take this into account with respect to your expenses. Your realtor fees and this land transfer tax are the two biggest expenses after the cost of your home. Mortgage insurance only applies if you’re required to take […]
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When to Pay Off Debt – Kevin O’Leary
For me, Kevin O’Leary, made Dragon’s Den. Without him, it would have been too boring. Unfortunately, he left to head over to Shark Tank. Recently, I saw a video of him talking about debt. Here is his quick take on debt and when to pay it off, and what to do afterwards. What do you […]
Mogo Canada
Mortgages Made Simple and Free Credit Scores from Mogo.ca If you live in Canada and you want a mortgage then there are plenty of banks and other financial institutions looking for your business. But there are also alternatives to using the banks. There are a lot of advantages of working with an expert mortgage broker […]
The Complete Guide to Credit Scores in Canada
What is a Credit Score? Your credit score is a rating assigned to you by the credit bureaus. The rating is between 300 and 900, where 900 is the best you can get and 300 is where you start off. This rating is one factor, albeit a major factor, used to determine whether you can […]
Balloon Loan Calculator
Special Mortgage Rates at TD Canada Trust
I’ve taken screenshots of TD mortgage rate special offers and as you can see, it’s been slowly going up. This is true for all the banks and this is because the general interest rate trend in Canada is going up as well. Notes for Closed Mortgages at TD: Regular payments can be increased by up […]
Finding Mortgage Lenders When You Have Bad Credit
Banks are usually the first place people turn to when looking for a mortgage. But, when you have bad credit, they’re not so helpful. If you have a credit score lower than about 600, you’ll need to get a mortgage from a B lender or private mortgage firm. A lenders are the big banks. B […]
7 Reasons Why You Need To Move To Toronto Right Now
Moving to Toronto is like moving to a big city while being within an hour’s away from beautiful natural landscrapes and outdoor adventure.