credit after divorce

Credit after divorce

While the recent article in the Financial Post – ‘No safety net’: How a divorce rips a tornado through your finances, and what to do about it […]
fixed rate mortgage versus variable rate mortgage

Should you choose a fixed rate mortgage or a variable rate mortgage today?

The question of fixed rate mortgage versus variable rate mortgage stays the same, but the answer should, and does, change with the changes in the market. […]
Negative Interest Rates

What do negative interest rates mean to the Real Estate Industry?

I’m sure we’ve all heard the recent talk about negative interest rates and I’ve had many clients ask me how this might affect them. While it’s […]
Down payment

New Down Payment Rule – How does it impact you?

Last week, the Federal Government announced that the minimum down payment for homes priced over $500,000 will increase. Currently, the minimum down payment for a home […]

Have you missed mortgage payments?

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 […]

Considering a home with a “mortgage helper”?

Many homes in Vancouver have what is referred to as a “mortgage helper”; that is, the inclusion of a suite or self contained unit, usually situated on […]

Pay more in taxes or qualify for the lowest rate?

As anyone who is self-employed will attest, their goal, and that of their accountant, is for them to personally pay as little tax as possible. I’m […]

Did the mortgage market do what we thought it was going to do in 2014?

As we all know, predictions and forecasts are all well and good but they usually aren’t worth the paper they are printed on. While I might […]

Don’t get surprised by penalties!

Hopefully by now I’ve taught you that not all mortgages are created equally. Penalties, in particular, are hard to explain to people and many don’t understand or […]

Mortgages 101: Prime Rate explained

The best way to learn about mortgages is by talking to an experienced mortgage broker and getting pre-approved before you go house hunting. With a little […]

New poll: Borrowers unmotivated to make extra payments on their mortgage

Compared to even six years ago, today’s interest rates are a steal. The discounted 5-year fixed has tumbled more than 2.25 percentage points in that time. […]