What the new mortgage changes may mean to you

What the new mortgage changes may mean to you

Ottawa has announced new rules in response to concerns that some markets in Canada are overheated and that Canadian debt levels continue to increase. These changes are meant to alleviate risk in Canada’s housing market. Here are the changes in a nutshell: “A...
Behind on mortgage payments? I can help

Behind on mortgage payments? I can help

There are times in our lives when the unexpected happens and we find it difficult to cope financially. It could be a job loss, an unexpected illness, the death of a loved one or separation and divorce. There may be enough money to get by for a few months,...
How Brexit will impact you

How Brexit will impact you

All news channels, and most of the world, have become obsessed with Brexit, for good reason. In what is a now a historic moment, the majority of voters in the United Kingdom voted to exit the European Union (EU)  — a partnership that came into existence...
Refinance to consolidate debt

Refinance to consolidate debt

To no one’s surprise on May 25, the central bank left its key interest rate unchanged at 0.5 per cent. While the bank said it expects the economy to “rebound”, it stopped short of discussing the likelihood that this rebound will be enough to keep...

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