Don’t Let Credit Card Debt Cost You Your Home
One of the more surprising debt problems that I’ve had to solve for a client is stopping the sale of their home due to an unpaid credit card balance. Yes you heard that right. If ignored for long enough an unpaid credit card can lead to judgment from the courts, the registration of a ...
March 2024 Bank of Canada Rate Update
No change to the BOC prime rate announced today. For the fifth consecutive meeting the Bank of Canada kept its policy rate unchanged at 5.00%. You can read the BOC press release here. RATE FORECAST We’ve been promising rate cuts for months now. But where are they? Every single media outlet and talking ...
Discover the Power of Reverse Mortgages: a Path to Financial Freedom
One of the fastest growing mortgage trends are reverse mortgages. Here's how they can provide financial peace of mind for older ...
Inflation Watch: Surprising Deceleration Brings Low Rates Within Reach
Welcome to February 2024’s Inflation Watch. In this series I explore micro & macro economic trends and relate them to Canadian mortgage interest rates. I hope to shed some light on the future direction of interest rates to help you make more informed decisions about your mortgages. If you’re into this kind of thing ...
What to Do if You’re Behind at Your Mortgage Renewal
This year, a wave of mortgage renewals looms over Canada, bringing with it uncertainties and concerns for borrowers. Here's what you should ...
Unlock Your Mortgage Magic: the Power of Porting!
In this video, I discuss a key money-saving feature of your mortgage called "porting," which allows individuals to transfer their existing mortgage rate and terms to their new ...