Refinancing While Rates Are Low

Refinancing While Rates Are Low

The Bank of Canada announced on Wednesday that they will not be changing their overnight rate which is currently 1.75%. The rate has remained unchanged for the last six months (October 2018) and is expected to hold steady for at least most of this year, if not part of...
What Is a Mortgage Pre-Approval?

What Is a Mortgage Pre-Approval?

When you’re looking to buy a home for the first time, it is common to find yourself overwhelmed with the amount of information available to you from friends, family, and the internet. Information overload can leave you feeling unsure where to start. We’re...
Proposed Federal Home-Buyer Incentive

Proposed Federal Home-Buyer Incentive

With the federal election coming up this Fall, the Liberal government has released its proposed budget, and with it, Federal Home-Buyer Incentives. The federal government has proposed that it will provide assistance in two ways for first-time home buyers to manage the...
Demystifying Credit Card Debt

Demystifying Credit Card Debt

If you’re like most credit card owners, you get your bill each month and stare a little mystified at your interest charges. What does it mean if you have a 19.99% interest rate? How do they calculate how much interest you owe? Is it calculated daily, monthly,...