Mortgage Matters

Facing foreclosure?

Nov 8, 2014 / 5:00 am

You could be facing foreclosure if you have found yourself in one of these situations: You are about to miss a mortgage payment because you don’t have...

Should I buy a rental property?

Oct 25, 2014 / 5:00 am

It’s all over the television these days. Programs showing you how you can buy rental properties or put a rental suite in your home to offset your mortgage...

The good, the bad & the ugly

Oct 11, 2014 / 5:00 am

There has been a lot of talk about collateral or re-advanceable mortgages recently. So what is a collateral mortgage? In reality they are a very common form of...

What does a mortgage broker do?

Sep 27, 2014 / 5:00 am

There is still confusion around exactly what I do as a mortgage broker and the services that I offer. Even my friends and family aren’t really sure what I...

Moving up or downsizing?

Sep 13, 2014 / 5:00 am

Are you thinking about moving up or perhaps downsizing? If so there are several things that you should consider regarding your financing and budgeting for...

Grow-ops: What’s up in smoke?

Aug 30, 2014 / 5:00 am

Few communities in Canada have escaped having a grow-op found in their midst. Once busted, the cost to clean up the consequences of having a grow-op in the home...

Four things that can go wrong

Aug 16, 2014 / 5:00 am

Here are four things that can derail your mortgage financing even if you’ve been pre-approved by your bank or a mortgage broker. If you can avoid these...

Good debt versus bad debt

Aug 2, 2014 / 5:00 am

Until recently there was no such thing as ‘good debt’ or ‘bad debt’ as all debt was ‘bad debt’. Owing money for any reason...

Credit & mortgages: a mystery?

Jul 19, 2014 / 5:00 am

Unfortunately a lack of basic financial knowledge can be the difference between getting a mortgage at a great rate or having a mortgage with a “B”...

Mortgage love for renovations

Jul 5, 2014 / 5:00 am

Are you living with a circa 1980’s style bathroom? Carpet on the floor – cracked tiles – leaky shower – old bathtub. Or would you love...

Mortgage renewal options

Jun 21, 2014 / 5:00 am

9 Things to Consider Before Your Mortgage Renews: 1. Have you explored all your options? Once you receive your mortgage renewal statement, there’s...

Planning a divorce?

May 24, 2014 / 5:00 am

When couples are planning to divorce, the division of the assets can become the most daunting and frustrating part, with the family home most likely being the...

Is it time for a mortgage review?

May 10, 2014 / 5:00 am

Stick out your financial paperwork and say, “Ahhh!” It’s time for a check-up. Thankfully, this check-up doesn’t require you to face your...

Danger! Landmines ahead

Apr 26, 2014 / 5:00 am

As the frenzy of activity begins with our Spring Real Estate Market so does the competition of low rate offerings in the Mortgage Market. These low rate...

Rent-to-own Real Estate

Apr 12, 2014 / 5:00 am

This is a creative real estate strategy that is becoming very trendy these days. So why are sellers offering this option to potential buyers and why would...

The monster in your mortgage

Mar 29, 2014 / 5:00 am

So you have found your dream home. Congratulations! Your REALTOR® was a great negotiator and you purchased your new home for $475,000. Your mortgage is...

The path to mortgage freedom

Mar 11, 2014 / 5:00 am

We all have ‘mortgage freedom’ until we purchase our first home unless you are lucky enough to have the cash to purchase without the financing...