Are you real estate rich and liquid capital poor? It’s a situation far too many home owners and real estate find themselves in these days. Everything you do when it comes to building your wealth with real estate relies on liquidity. If a costly home repair like a broken furnace or a leaky roof appears …
Save Money by Converting Your Secured Lines of Credit into a Mortgage Read More »
3 Simple Questions You Should Ask Yourself During the COVID-19 Crisis “Four or five times during their lifetimes, [investors will] see incredible opportunities probably in equity markets . . . [they] have to have the mental fortitude to jump in when most are jumping out.” – Warren Buffet This article is intended to be an …
Is it Time to Break Up With Your Financial Advisor? Read More »
How to Stop Mortgage Payments During COVID 19 (Corona Virus Crisis) To proactively ward off damage please note that there is in fact federal level support for this matter and please know that you can stop and/or defer payments if you reach out to lenders directly. Preserving the stability of housing in Canada and long-term …
Typically, when stock markets decline, we also see a decrease in mortgage rates (and vice versa), and many ask the question, “Why does this happen?”. The key thing to keep in mind for mortgage consumers or bond market investors is that bond (debt) markets and stock (equity) markets basically compete for investment dollars at any …
Why a Falling US Stock Market Lowers US and Canadian Mortgage Rates…. Read More »
As a Toronto mortgage broker, I know how stressful it can be going through the mortgage and house buying process. Working with a good mortgage broker can be a lifeline during this time with several benefits. Today, we’ll look at the 3 ways a mortgage broker can help you. What a Mortgage Broker Does Mortgage …
RRSP/Investing vs Mortgage Pay Down In a society where financial planning education and free financial resources are as readily available as fast food, it is difficult to believe that most people do not understand how to use their cash flow and capital effectively. When determining many people’s top financial objectives, many people select building their …
Is Paying of Your Mortgage Bad for Your Net Worth? Things that make you stop and think…. Read More »
INVESTING VERSUS MORTGAGE REDUCTION… HERE IS HOW TO DO THE MATHIn a society where financial planning education and free financial resources are as readily available as fast food, it is unfortunate to know that most people actually do not understand how to use their cash flow and capital effectively. When determining many people’s top financial …
Why Paying off Your Mortgage May Be Bad for Your Net Worth Read More »
Year over year perhaps the most contested issue in the mortgage market is the age old decision of choosing between fixed and variable rate mortgage. Hundreds of thousands of dollars of personal financial research dollars has been poured into making the case and giving the final decisive pearl of wisdom to consumers. What I am …
Fixed vs Variable Mortgage Decision… here is how to do the math! Read More »
What you will learn in this article: 1) How mortgage rates work; 2) What is happening to mortgage rates now; and 3) How to protect yourself from higher rates and tighter mortgage lending now As we all know, real estate financing plays a central role in the affordability of real estate to most Canadians. In …
How to Protect Your Payments and Monthly Cash Flow with Today’s Rising Mortgage Rates Read More »
Though most of us are already planning our holiday season, it’s never too late (or too soon) to finalize the year-end tax planning. Follow these 10 tips and you won’t miss out on some important tax savings. Actions to take in your investment portfolio Tax-loss selling When it comes to any form of investment, the …
10 actions to take to get the most out of 2018 tax year Read More »