Category Archives: Real Estate

“Navigating the Possibility of Rising Mortgage Interest Rates: What Homeowners and Homebuyers Need to Know”

“Preparing for Change: How to Handle the Possibility of Increased Mortgage Interest Rates in 2023” As the economy continues to recover and inflation rates potentially increase, there is speculation that the Bank of Canada may raise interest rates, and experts predict it could be as early as January 25, 2023. While this is just speculation…

“Preparing for a Potential Mortgage Interest Rate Increase: What You Need to Know”

“Brace Yourself: Expecting a Rise in Mortgage Interest Rates in 2023” As the economy continues to recover, it’s natural to expect that interest rates will begin to rise at some point. Many experts are predicting that we may see an increase in mortgage interest rates in the near future, specifically by the Bank of Canada…

“Preparing for a Potential Mortgage Interest Rate Increase in Canada”

It’s important to note that as of my knowledge cut-off, the Bank of Canada (BoC) has not announced any official plan to increase the interest rate on January 25, 2023. However, as the economy continues to recover and inflation rates potentially increase, it’s possible that the BoC may consider raising interest rates in the near…

Should You Spend the Full Mortgage Amount You’re Approved For?

Before you start shopping for a new home, you’ll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not be what you can actually afford, based on your personal situation. Only you can decide…

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

erest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance at today’s low-interest rates. With interest rates this low, you owe it to yourself to at least give refinancing a look. If you can refinance your mortgage and…

Strategies to Dig Yourself Out of the Debt Hole

Debt. It’s something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can help you get your debt out of a seemingly unmanageable situation; it’s just a matter of choosing the right one for…

Why You Need an Emergency Fund And How to Get One

Building an emergency fund is something most people know they should do but few actually get around to doing it. A recent study found that nearly two-thirds of Americans did not have an emergency fund, and more than half would have trouble coming up with $1,000 on short notice. That lack of savings puts them…

The Benefits of Investing in Income Producing Properties

Making money in any real estate venture is a difficult task, and many people don’t have the skills (or the stomach) for flipping houses. An alternative to this intrinsically risky activity is to purchase a property for the long term and rent it out. These types of income properties are becoming more and more common…