Carrying Balances in 2020 and Beyond – the Credit Card Conversation
30% of Canadians are guilty of not paying off their credit card each month. In this post we talk a bit more about carrying ...
Different Types of Mortgage Payments: Mortgage 101
There is a lot of confusion around the different types of mortgage payments. In this instalment of our Mortgage 101 we talk more about ...
Mortgage 101: Closed Vs Open Mortgages
Maple syrup may have a lot to do with Canada, but it has nothing to do with mortgages. In this post we talk about closed vs open ...
Being a Mortgage Newbie Doesn’t Have to Suck!
Getting started on your journey as a first-time homebuyer doesn't have to suck. We've put together some tips to help you navigate as a mortgage ...
B-20 Mortgage Rules Impact: a Look at the Stress Test
When OSFI announced the most recent tweak to mortgage rules, known as the B-20 mortgage rules, there was serious concern about the impact it would have on the market. The rules, which came into effect on November 1 2017, were far sweeping. There was outcry from all stakeholders… Present and would-be home owners were ...
April 2019 Bank of Canada Prime Rate Decision
The Bank of Canada made their April 2019 rate announcement today. Find out what happened with the Bank of Canada prime rate ...