Buying a property isn’t a simple process, but with some planning and forethought it does not have to be a stressful one! Most often, home buying stress come from the unknown (“I missed the deadline? What deadline? How much money do I need for a down payment? When should I take it out of my RRSP?”). To make your home… Read More »
The difference between bank and broker mortgages
Great article here on the Globe and Mail about key differences between bank mortgages and those arranged through mortgage brokers. Explains how the big banks use ‘discretionary pricing’ to get you paying higher interest rates, and how they charge much higher penalties if you need to break your mortgage early. //www.theglobeandmail.com/…/dont-judg…/article23526054/
Federal Budget 2015
The Federal budget 2015 was released today. If you’re curious about the highlights, you can find a great round-up of articles discussing the details here: //www.moneysense.ca/tag/budget-2015