by scottm | Nov 8, 2024 | Mortgage Advice
“Canada’s economy is predicted to rebound in the second half of 2024, but for many homeowners, financial challenges are already a reality.” That’s according to recent forecasts, which suggest that after several turbulent quarters, things will start looking up....
by scottm | Oct 21, 2024 | Interest Rates, Mortgage Advice
“Many Canadians are ready to spend big when interest rates drop—are you prepared to make the most of it?” Dropping interest rates can change everything. For homeowners, buyers, or anyone managing debt, when rates drop, it can feel like a financial windfall. According...
by scottm | Oct 21, 2024 | Stop Foreclosure, Mortgage Advice
Calgary Foreclosures are on the rise. A recent survey report from Jerry Charlton Real Estate reveals alarming trends in Calgary’s housing market, indicating a potential surge in foreclosures. Key factors driving this shift include rising interest rates, escalating...
by scottm | Oct 18, 2024 | Bad Credit Mortgage, Mortgage Advice, Mortgage Broker
One of the biggest questions we get as mortgage brokers is: Can you renew your mortgage with bad credit? In Canada, when your mortgage term comes to an end, you’ll need to either renew with your current lender or switch to a new one. For most homeowners, this is a...
by Paul Tsigaris | Feb 19, 2020 | HELOC, Mortgage Advice
How to Save Money for Retirement with an Equity Line of Credit Do you have or need an equity line of credit? February is almost over and it’s your last opportunity to invest in RRSPs for savings on your tax bill. You could increase your income tax refund and use some...
