RECENT BLOG POSTS
A home equity loan is a type of loan taken on a home’s equity. It can be used by anyone who owns a home with substantial equity. Most people who have such equity are seniors who are in or near retirement age because they’ve been paying for that equity for quite some time.When someone is in retire...
01/08/2018
Ontario has the highest auto insurance premiums in Canada despite the province having low rates of collisions and deaths – a big factor to that is the prevalence of auto insurance fraud.Changes AheadOntario is looking into ways to push for changes in the auto insurance industry to help try to com...
12/13/2017
It is often the case that politicians will clamor to take credit for new transportation improvements such as the opening of a new subway. Though certain figures and political parties will surely benefit from having better access to cheaper and easier transportation, no one could be happier than ...
12/06/2017
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Waiting for magic and hoping your debts and bills will go away won’t happen without a little help from you. Know that although you can’t really make debt disappear, you have the power to make it easier to pay via debt consolidation.Why Consolidate Debt?Managing several debts with various interest...
12/06/2017
Qualifying for a bank mortgage is like trying to trying to place the moon in a tiny cup for people who do not have near perfect financial records. And it is not just them. This also affects individuals who’ve only recently moved to Canada as well as people who are self employed. What’s there to d...
12/06/2017
Having the means to tap your home’s value is a great resource to have for when you’re suddenly faced with an emergency need for cash such as for an unforeseen illness, vehicle repairs, or home expenses that are not covered by insurance.Who wouldn’t want access to a cash source that offers lower i...
11/10/2017
Choosing between a second mortgage and a line of credit is a big decision more so now that most of an average person’s wealth is tied up to their home in the form of home equity.There are several reasons for the above, such as people using up all their extra money to pay their mortgage so they ca...
11/10/2017
It is predicted that a residential building boom is bound to happen as Toronto builds more means of public transportation. As of now, GTA homebuyers are increasingly looking for homes that have access to public transportation such as the subway, resulting to a boost in property values in highly d...
10/24/2017
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Homeowners refer to their hone equity as wealth, but what does it have to do with building your net worth? What is home equity and how does it contribute to your wealth?What is Home Equity?Home equity is the value that you have built up in your home. If you still have some mortgage left to pay, i...
10/24/2017
Toronto has been growing exponentially in the past two decades with the population ballooning to 6.5 million in 2016 from merely 2 million in 1990. With this population growth comes millions of new residents looking for homes, driving up home prices more so in established areas. Your best bet in ...
10/24/2017