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,...

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 after...

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 overall...

The Bank of Canada's key interest rate remains unchanged at 0.50% as the Bank takes on a more dovish tone for the short term.  This is partially due to the disrupted oil production in Alberta as well as the slower-than expected recovery in...

Before you take possession you need to consider any and all additional costs. We call these closing costs. Generally estimated around 1 - 1.5% of the price of the home, these are the unavoidable costs that are the last hurdle between you and glorious home ownership....

Everyone is waiting for the Liberal government’s new budget on March 22. Prime Minister Justin Trudeau has promised to run deficits in the coming years because billions will be spent on projects like infrastructure, which he predicts will create jobs and help revive...

Okay, you've worked hard to build up your credit score. You pay all your debts on time, have focused on getting out of debt --maybe even closed a few of those accounts because you don't need them or want them anymore. Then one day you apply for a loan and there are...

Today Finance Minister Bill Morneau announced changes to down payment requirements. Effective February 15, 2016, the minimum down payment for new insured mortgages will increase from five per cent to 10 per cent for the portion of the house price above...

Buying a home is one of the biggest financial and lifestyle decisions you will make. So it pays to make an informed decision by first looking at the main disadvantages and advantages of Homeownership. A TMG Mortgage Professional will assist you with the entire...

We are living through interesting times - economically speaking. The latest news surrounding the turmoil in the stock market and a potential "crash" has made some consumers a bit jittery. You may be wondering how what's happening in the stock markets the...