Canadian’s Household Debt is Increasing

Many Canadians use debt to purchase their homes, start a business or to receive a post-secondary education. The total household debt statistic takes an accumulative approach to see what households owe in relation to disposable income. Trouble can be brewing…

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Toronto Housing Prices over the Next Decade

Predicting any housing market is difficult. Predicting Toronto’s housing market requires almost Nostradamus-like abilities.  The Toronto market has held strong for several years now, but the recent dip has led many prognosticators to wage a bet that another spike is…

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Flipping a House

Flipping houses is a popular real estate investment, where the investor buys the home with the goal of quickly reselling it for profit. Often, they make improvements to the property to maximize its value. Flipping houses in the GTA real…

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Rising Interest Rates

In the fall of 2017, news broke that the Bank of Canada was raising its interest rate. Even though borrowers shouldn’t expect another hike this year, the rate seems to have reached a level that could affect a lot of…

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Refinancing a Mortgage in Cambridge

How Does Refinancing Work? What happens when you refinance your mortgage? When you refinance a mortgage, you pay off the existing mortgage and replace it with a new one. Usually with better terms and mortgage rates; especially when compared to…

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Our Common Sense Approach to Lending

Mortgage lending is a business where the lender gets the opportunity to help people get into their dream home, secure their financial future or relieve themselves of the stress of debt. It’s an enormous responsibility and one that shouldn’t be…

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