Buying vs. Renting

At some point in their lives, most Canadians have probably asked themselves whether it is better to buy or rent a home. And purchasing a home is one of the biggest decisions most people ever make. Ultimately, the decision is a personal choice, but it helps to look at...

Budgeting Towards Homeownership

Transitioning from renter to homeowner is one of the biggest decisions you’ll make throughout your lifetime. It can also be a stressful experience if you don’t plan ahead by building a budget and saving prior to embarking upon homeownership. Budgeting is a core...

How Leasing or Buying a Vehicle Impacts Your Debt Ratios

The question of whether it’s better to lease or buy a vehicle is a common dilemma. And do you buy or lease a new or used vehicle? The answer depends on the specifics of your situation. It’s important to realize that many consumers overburden themselves with car leases...

50/50 Mortgage Rates

Hybrid mortgages – also known as 50/50 mortgage products – include an equal mix of fixed-rate and variable-rate components within your single mortgage. This means you get the best of both worlds – the security of fixed repayments with the flexibility of a variable...

There’s More to Mortgages Than Just the Rate

It’s easy to get caught up in the idea that comparing mortgage rates will guarantee you get the best bang for your buck. While this may be true for particular situations, there are many scenarios where this strategy is not effective. Following are three reasons why it...

Questions Every Borrower Should Ask

If I have mortgage default insurance do I also need mortgage life insurance? Mortgage life insurance is a life insurance policy on a homeowner, which will allow your family or dependents to pay off the mortgage on the home should something tragic happen to you....