Yesterday, Bank of Canada (BoC) Governor, Stephen Poloz, left rates unchanged. This kept the bank prime rate at 3.45%. This also, indirectly, affects fixed mortgage rates. Great news for anyone with … Continue Reading Got a mortgage? Good news: Bank of Canada didn’t raise rates yesterday!
A few years back, I had the privilege of hearing one of my childhood idols – former Toronto Maple Leafs captain, Darryl Sittler – speak at a Real Estate Investment … Continue Reading Darryl Sittler made his fortune in Real Estate… not Hockey!
Rental vacancies are ridiculously low and demand for rental units is high… and growing! That’s just a sampling of the opportunistic real estate investment news Ted Tsiakopoulos, CMHC’s Regional Economist … Continue Reading Ontario Housing Market: Increased Opportunity for Investors!
The BIG SIX BANKS have been caught. For those who still think the banker is your friend and is only looking out for your best interests, guess again. They’re in … Continue Reading BIG SIX BANKS exposed and called out by Financial Consumer Agency of Canada!
When it comes to mortgages, $100 isn’t going to get you very far. But what if you paid an extra $100 a month towards your mortgage? It’s not a lot … Continue Reading How can an extra $100 boost your mortgage?
Trying to decide what’s the best move can be difficult… and, I must admit, this isn’t an easy subject to tackle. There are so many opinions! But it’s important enough … Continue Reading RRSP, RESP, TFSA or Mortgage prepayment… Which offers the best bang for my buck?
You’ve heard the stats: 1 out of every 2 marriages fails. Actually, I think the number of failed marriages is even higher now. Wait, let me rephrase that. A marital … Continue Reading I’m getting divorced. Should I keep the family home?
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