Strategic Tax Planning for the New Year

Strategic Tax Planning for the New Year

As 2023 winds down, it’s time to gear up for a financially savvy start to the new year. Tax planning is more than just paperwork, it’s a roadmap to secure your financial future. To help you navigate this landscape, here are some essential tips to consider as you step...
What‘s Your Financial Health Looking Like?

What‘s Your Financial Health Looking Like?

It’s financial literacy month, which means it’s time for a financial health check! It’s no secret that everyone’s been impacted by the cost of living and interest rate increases, so here are some steps you can take to help manage debt and achieve your financial goals....
Back to School on Mortgage Renewals!

Back to School on Mortgage Renewals!

Ready to navigate the renewals maze and secure the best deal for your home? As your mortgage renewal date approaches, you’re faced with the pivotal choice: stay loyal to your current lender, explore new horizons by leaving, or dive into the realm of refinancing....
New Build? New Mortgage Qualifications!

New Build? New Mortgage Qualifications!

Let’s talk about new builds for a minute. Not fully-custom homes but just about everything else. We’re currently seeing a shift in the market, specifically with new builds. Here’s what you need to know to qualify for your new build! Buying a new build home is an...
The Benefits of Short-Term Rental Properties

The Benefits of Short-Term Rental Properties

The popularity of short-term rentals has been increasing over the last decade as a way of building wealth and entrepreneurship, especially in tourist-heavy places. You’ve probably heard buzzwords like “Airbnb arbitrage” where people rent out the apartment that they...
Is Cottage Country Within Your Grasp?

Is Cottage Country Within Your Grasp?

Have you been considering purchasing a cottage or vacation home? Some of the rules surrounding cottages and second dwellings have changed in the last year even. If you plan on renting out your cottage, some alternative lenders and banks will now consider rental income...
Is a Home Equity Line of Credit Right for You?

Is a Home Equity Line of Credit Right for You?

Did you know that in 2020, 17% of Canadian homeowners had a mortgage and a home equity line of credit (HELOC), up from 14% in 2019? During that period, the average credit limit for a HELOC in Canada was $152,000 with only $59,000 as the average amount used. If you...
Is a Second Mortgage Right for You?

Is a Second Mortgage Right for You?

For a second mortgage, lenders will add the balance of both your first and second mortgage to determine your combined loan-to-value(CLTV). Historically, we have seen lenders go as high as 85% on CLTV but, given that average values have decreased across the country,...
Mortgage Refinancing Explained

Mortgage Refinancing Explained

With interest rate volatility and the likelihood that fixed rates (although dropping from current HIGH levels) will still be higher in the fall than you might have currently, does it make sense to consider a refinance? With today’s housing prices and cost of living...
Some Time Saving Tips!

Some Time Saving Tips!

When purchasing a home and moving, all while keeping the regular ship afloat, why not save some time and stress? Believe it or not, there are a handful of little things that aren’t the tips you might think of but will save you from frustration and headaches during...