If you, like so many other Canadians, have high-interest credit card debt, department store debt, line of credit debt or other outstanding payments, now may be the ideal time to refinance your existing mortgage and consolidate it all into one simple payment at the lowest rates of all time. I will guide you every step […]

HGTV has compiled a list of the 10 Best-Kept Secrets for Buying a Home to help borrowers get the most out of their money. Buying Secret #10: Keep Your Money Where It Is It’s not wise to make any huge purchases or move your money around three to six months before buying a new home. […]

Just because you are financially literate does not mean you make the right decisions. The problem may not be what your brain knows. The problem may actually be your brain. The importance of retirement planning is understood, especially as we are in the midst of RRSP season; but we are genetically compelled to live in […]

Owning a home is usually on a list of lifetime goals. And new home buyers usually have a lot of questions. Some worry about coming up with the down payment, some aren’t sure about their credit scores, others are self-employed, and already know that it can be challenging to get credit at all. These concerns […]

Understanding your Credit Report As credit has become more and more abundant in our society, your credit report, and thus your credit rating, has become more important in your daily life. Your credit rating affects all aspects of your financial activities when it comes to borrowing money. Your credit rating also has the ability to […]

As the federal government warned it may again tighten mortgage rules, a Bank of Montreal economist says fixed mortgages “clearly trump” variable mortgages in today’s economy. There are two reasons for the change of heart by Douglas Porter, deputy chief economist at BMO: the intense competition among lenders and the economic recovery in the U.S. […]