5 Reasons for a variable-rate Mortgage

One of the big decisions homeowners face is whether to choose a fixed- or variable-rate mortgage. Now may be the time to go variable. A fixed-rate mortgage locks in an interest rate and the payment stays constant over the term. For new homeowners taking on a huge debt, this may help them sleep at night. Read More »

Canadian 30 Year Olds are Screwed

I’m a Chartered Accountant and financial planner. For the last five years, I have helped dozens of 28 to 40 year old individuals and couples plan their finances. Despite the title, I am writing this article because I am worried about them all – I’m afraid they are headed down a road of financial disaster that could ruin them for life. Read More »

How much Home can you afford?

Before you start looking for your dream home, let’s find out how big you can dream. Knowing your true budget is the first and most important step in buying a home. A home is a big purchase. It is probably the most expensive thing you will ever buy, and there are lots of expenses you might not even know about. Here is a the general framework Read More »

Do you want to be an investor master?

During market rebounds, small-cap stocks tend to soar faster and farther than the broader market — turning hardworking folks like you and me into millionaires over time. Want some proof? Read More »

How to Rent an Apartment or House

The rental markets in many cities are cyclical: a few boom years with renters scrambling for any available studio followed by a glut in availability. In either scenario, the most desirable rental units are snapped up the quickest. Do your homework, then hit the pavement. Read More »

How Does Refinance Home Mortgage Loans Work?

There are many people looking to refinance home mortgage loans all over the world. This is not something new at all. This is because there are several reasons why refinancing such loans can be advantageous. For starters, when you refinance your home mortgage loan, you can actually get rid of private mortgage insurance. Read More »

What Does A Home Mortgage Broker Do?

When you need to purchase a new home most people do not have the capital to be able to fully buy one. They will need to take out a mortgage or loan to make up the difference on the amount they have and the purchase price of the new home.

There are 2 main ways of getting a mortgage, through a bank or through a mortgage company. To help with getting a mortgage you will use a loan officer or a mortgage broker. Read More »

Do you want to be a real estate agent?

Let’s get the hard part out of the way right now. After you get your real estate license, prospecting is the single most crucial element in the business and it’s the hardest part for most real estate agents. Read More »

Guide list for first time home buyers

Buying your first home is a very intimidating and stressful process. Over the last sixteen years and working with thousands of first time home buyers, here are my recommendations to anyone thinking about jumping into the condominium market for the first time. Read More »

How credit score gets calculated

To get the best deal on a loan, you need some new strategies to bump up your score – and keep it there. Read More »

The 45 best ways to grow your money

When we set out to look for the 45 best ways to grow your money, we had a few criteria in mind. We wanted ideas that were widely applicable (so we weren’t interested in specialized tax shelters or tax loopholes that were only open to a favored few). We also wanted ideas that had stood the test of time (so we rejected a lot of flavor-of-the-month notions, such as buying gold futures or loading up on oil stocks). Finally, we wanted our ideas to represent the full span of personal finance, from basic notions to more advanced concepts. Read More »

Cashback credit cards not all equal

What’s better than a credit card that gives points for free flights? Read More »

Rates for Canadian Saving Accounts

Canadian Saving Accounts Rates Read More »

Wall Street Swings Day After Meltdown

(CBS/ AP) Wall Street’s numbers swung back and forth Thursday despite a boost from the Federal Reserve which, along with central banks in Europe, Canada and Asia, pumped as much as $180 billion into money markets to combat shock waves from the worst financial upheaval since the Great Depression of the 1930s.
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