Everybody wants to save money on their mortgage! A new home buyer is especially diligent when shopping for the best mortgage. They make the effort to: find out the options compare rates and costs compare flexibility This home buyer then moves into their new home and their mortgage can easily become something they don’t think […]

When tough times put stress on families sometimes the end result is divorce. While no one ever wants to see this happen sometimes it is inevitable. Recently, CMHC changed the rules about how much a house can be refinanced for, they have set the limit at 80% of the property value so that refinances would […]

Recently, I had the pleasure of meeting a 61 year old female client. She was a widow of 4 years and she was living on her husband’s pension. Her home was free and clear and she had lived there since she was married at age 18. Her husband (11 years her senior) was diagnosed with […]

Every good plan starts with building a foundation, the plan will rely on the foundation for years to come. Now that you have decided to pursue the acquisition of real estate (property #1 purchased and successfully rented…check!) as your vehicle to build wealth it’s time to stay the course and add the next layer. We […]

It’s that time of year again when property taxes are coming due.  Did you know that the average homeowner saves about $600.00 with the home owners grant? On the bottom of your property taxes you will notice a section called “Home Owner Grant Application”.  Make sure you take the time to fill that out! Below […]

1. Create yourself a Budget and stick to it, so you can keep your finances on track. Planning a budget will help you identify uneconomical expenditures and help you achieve your financial goals. Having a budget can also decrease your stress levels, prepare you for unexpected costs and help you plan for your future of […]

Welcome to your free financial check-up, discussing 5 key factors to assist you in ensuring you are on the right track to a solid financial future. Credit Ensuring you are using credit wisely will pave the way to making sure you have options available to you if or when you need them. One thing we […]

The Big Short – An American film about American finance. Many Canadians, particularly those in Vancouver and Toronto where real estate is spoken of like a sport, will gravitate to the film The Big Short over the coming weeks. It is an adaptation of an excellent book written in 2010 by Michael Lewis. As a […]

Why Are People Taking So Much Money Out of China? China is experiencing the largest episode of capital flight in history, encouraged by the slowdown in economic activity, the plunge in the stock market and the surprise devaluation of the currency–the Chinese yuan (also called the renminbi) last August. Chinese businesses and consumers are moving money […]

An important rule of thumb to remember regarding credit is that YOU are your only advocate for your credit. YOU are the only one that can improve your credit. YOU are the only one that can manage any errors on your credit. YOU are the only one who can determine who pulls and when your […]