News

Buying a Vacation Property?
Vacations give us time to spend with family and friends, a time to kick back and relax, away from the noise and hustle of home. Some might consider owning their own piece of paradise. Having a second home for getaways sounds great, and often, it’s even a really good...

Missed a Mortgage Payment?
Hi 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, but soon...

Canada’s Federal Budget
The Minister of Finance Bill Morneau presented the 2019-2020 federal budget last afternoon. Key themes include growing the economy, implementing national pharmacare, investing in the middle class, and gender equality. To assist First Time Home Buyers, the budget...

Down Payment Options and Tax Credits for First Time Home Buyers
Hi Alejandro, First Time BuyersPurchasing a home is a big financial commitment. In addition to moving costs and closing costs, most home purchases require a down payment of at least 5% of the purchase price. This is the amount of money you are personally committing....

Paying Off Your Mortgage
Your Road to Mortgage Freedom Do you dream about paying off your mortgage? The new year is usually a time when people review their finances and, if they are in debt, create a plan to reduce that debt. With interest rates rising in Canada, the perennial question...

Missed a mortgage payment? Concerned you might have to?
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, but soon...

Bank of Canada raises key lending
This week, the Bank of Canada (BoC) raised its policy rate another .25% bringing the rate to 1.5%, to keep inflation under wraps, while acknowledging future hikes will be gradual because of the recent trade upheaval. This is the fourth such increase in...

Don’t stress over the new mortgage “stress” test
As you probably know, the mortgage rules are changing once again, effective Jan.1, but if you’re looking to buy a home, the time to act is now. It’s expected that many federally-regulated lenders will implement the changes before the set date, perhaps by early...

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 Mortgage...

INVEST IN FLORIDA & PANAMA – Let your Property Pay for Itself!
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