All articles about mortgages
A New Year is considered a fresh start to many, so what better time to give some attention to your finances if you have been neglecting them or let them become a little disorganized? There is a lesser known specialist most Canadians are missing from their financial advisory team that can help you get things […]
The Lesser Known Specialist You Need On Your Financial Planning Team Read More »
It’s foolish to expect that someone else is going to care about your money more than you do, so rather than blindly trust a so-called expert to handle your wealth – make sure you understand what’s really going on behind the scenes. Ethical Challenges in Wealth Advisory Ethics are a challenge in many professions, but
The Ethics of Financial Advisory: What’s Behind the Curtain? Read More »
As we all know, real estate financing plays an integral role in the affordability of real estate to most Canadians. In fact, every 1% increase in residential mortgage rates literally ends the dream of home ownership for thousands of Canadians. When these rates play such an integral role in the availability of housing for Canadians,
The Basis of the Mortgage Market Read More »
In part one of this three-part series we introduced the topic and ways to borrow to invest. In part two we outlined some of the key considerations when borrowing to invest, and now in part three we will cover some specifics on how to put this powerful strategy to work in real life. In other
Borrowing to Invest – Part 3 of 3 Read More »
While borrowing to invest is a solid longer term strategy for people who are behind on their savings or who are net worth driven – I want to stress that it does have risks because returns are never certain, and even the most stable of asset classes do fall in value. However, this is also
Borrowing to Invest – Part 2 of 3 Read More »
As 2016 draws to a close, there is still time to complete your mortgage before year end and take advantage of today’s historically low (but rising) rates. With holiday parties and the busyness of the festive season starting earlier and earlier each year, mortgages may be the last thing on your mind at this point.
3 Reasons to Complete Your Mortgage Before Year End Read More »
Typically, when we see stock markets rallying up we also see bond yields go down, and many ask the question “why does this happen?”. What’s important to keep in mind as mortgage consumers or bond market investors is that bond (debt) markets and stock (equity) markets are all essentially competing for investment dollars at some
Why a Rising US Stock Market Impacts Canadian Mortgage Rates? Read More »
With new mortgage rules in effect and regulators closely monitoring credit policy in Canada, there has been much conversation about the impact on real estate prices and whether the changes will slow the pace of residential real estate appreciation. Only time will tell how regional based foreign home buyer taxes, tougher mortgage rules, and growing
Borrowing to invest (otherwise known as financial leverage) is a personal finance strategy where someone borrows funds for investment purposes. Due to the uncertainty of investment returns and the fact there is borrowed money at stake, borrowing to invest is a riskier a strategy than buying the same investments without debt. When borrowing to invest,
Borrowing to Invest – Part 1 of 3 Read More »
1. RRSP contributions are tax deductible. TFSA contributions are not tax deductible. With a TFSA, you can’t deduct your contribution on your tax return. This means that the money you put into a TFSA is funded with after tax dollars. Conversely – with an RRSP you can deduct your contribution on your tax return which
5 Key differences between TFSAs and RRSPs (and how to use them to save money) Read More »