Millions of Canadians have yet to experience a recession. For many others, it will be an unwelcome reminder of the economic struggle they have experienced in the past. For those who plan to buy a home sometime soon, the prospect
Losing your job can be one of the most stressful experiences you might ever encounter – the same can be said when losing your home. With proper planning, unpaid mortgage payments can be one less thing to worry about. In
When a lender rejects your mortgage renewal application, you may be left feeling helpless in figuring out what to do next. Fortunately, there are a few key steps you can take to help you keep your home, and you’ll find
The health of the economy is unpredictable and economic recessions are all too frequent. During these times, many Canadians find it challenging to make ends meet, especially as salaries may remain stagnant while prices continue to rise. Fortunately, there are
When a mortgage refinancing or purchase process is completed, the agreed prepaid interest on the loan will be collected from the borrower and paid to the lender upon releasing the funding. Easy enough, right? Not exactly. The truth is, the
To free yourself of costly late fees, penalties, and other unnecessary charges, promptly paying your property tax bill is essential. Fortunately, there are a few ways to pay your property taxes quickly and efficiently. This blog post outlines how you
Need some extra cash for a home improvement project or an unexpected expense? Using your home equity to get a loan might help! An equity take-out mortgage can be an effective solution for your short- and long-term financial goals. We’re
A mortgage is one of the largest financial commitments Canadians make and it’s something that’s renewed regularly until the loan is paid off. With that in mind, having a good understanding of your mortgage options will ensure you’re getting one
Getting a mortgage can be one of the most significant financial decisions you will ever make. Landing on a decision you’re confident in can be tough, especially if you don’t have the vital information you need to make an informed
Many Canadians believe they will be financially secure and carefree once they pay off their mortgage. Even as a homeowner, you may not have the cash needed for day-to-day expenses or to do the things you want. A reverse mortgage
As Canadians reach retirement age and beyond, they often wish to remain in a familiar setting that offers comfort and security – their homes. Unfortunately, increasing living costs and rising home maintenance expenses make this more difficult for many to
When mortgage terms end, most borrowers decide to renew them. But what if a bank denies your mortgage renewal? Don’t panic – there are viable alternatives for you that we’ll cover in this article. On December 7th, the Bank of