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Investing Real Estate
The Cost Of Breaking A Mortgage
Breaking a mortgage contract early can come with significant costs. The exact amount can vary depending on a variety of factors. If you're a homeowner in Canada considering breaking your mortgage contract before it's up, it's important to understand the potential consequences. Aim to minimize the costs as much as possible. In this blog post,…
January 5, 2023
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Personal Finance
Does Checking Your Credit Lower It?
As Canadians, we value financial responsibility. We pay bills on time, save for the future, and try to maintain a good credit score. But have you ever wondered what goes into determining your credit score? And more importantly, does checking your credit lower it? First, let's define "checking your credit." When you apply for a…
January 4, 2023
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Personal Finance
Credit Checks Explained
As a Canadian, you're probably familiar with the concept of a credit check. But if you're not entirely sure what it is, or how it can impact your financial decisions, then you've come to the right place! A credit check is essentially a review of your credit history. This is a record of how you've…
January 2, 2023
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Financial News Real Estate
The Prohibition on the Purchase of Residential Property by Non-Canadians Act Now In Effect
The Government of Canada has implemented a new law to help make homes more affordable for Canadians. The Prohibition on the Purchase of Residential Property by Non-Canadians Act was put in effect on January 1, 2023, and will prevent non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for a period of…
January 1, 2023