Self-Employed? Here’s What You Need to Know About Mortgages
Why, why, why it is so challenging for entrepreneurs to obtain a mortgage in Canada? If you’re among the 2.7 million Canadians who are...
Credit rating and debt servicing a mortgage
It is great feeling buying your first home, but for most of us the first step is preparing to get a mortgage. Your credit rating and...
The Impact of Mortgage Rule Changes
The mortgage rule changes that were passed by the Ministry of Finance in October 2016 are still having their effect one year later....
Are you looking for a mortgage as if it were a commodity?
I’ve heard brokers say more than once that mortgages are a commodity, by definition a commodity is a basic good used in commerce that is...
What is an interest rate differential (IRD)? How do you calculate it?
A mortgage in its simplest form is a contract. It has terms, conditions, rights and obligations for you and the lender. When you sign on...
What You Need to Know Before You Borrow Money for Your Small Business Startup
Deciding to borrow money to launch your small business startup is a big decision. It’s the second biggest decision after deciding to...
Lessons from the Ashes
This story appeared in the Fall issue of Our House Magazine. The Fort McMurray fire and subsequent reconstruction demonstrates the...
Knowing When Less Is More
No one wants to be told that they are not allowed to have something. We live in Canada; as Canadians, our focus has always been to strive...
Time to lock in your rate? Make sure you have an exit strategy
Like many of you, I received a call last week, from my mortgage provider, asking whether I wanted to “lock in” a new five-year fixed...
GO GREEN & SAVE!
We all do different things to go green in our day to day life: using reusable shopping bags, biking instead of driving, re-using water...
