by Renee Wynter | Jun 27, 2017 | Blog, Economy, Guest Post
Recently, the Bank of Canada released its semi-annual Financial Systems Review (PDF document), which identifies some of the major risks that the Bank foresees on the economic horizon. Unsurprisingly, the Bank pinpoints increased levels of Canadian household debt and...
by Renee Wynter | Jun 20, 2017 | Blog, Homeownership
Often times it’s the simple math that will betray you when selling a property. In your head you do quick calculations, you take what you think your property will sell for and then subtract what you owe on your mortgage, and the rest is your profit! Well…...
by Renee Wynter | Jun 13, 2017 | Blog, Finance, Mortgage
If you are looking to purchase a property in the next while, you probably already know that you need at least 5% of the purchase price as a downpayment. Saving a bigger downpayment, let’s say 10%, certainly increases your chances of securing financing. While...
by Renee Wynter | Jun 6, 2017 | Blog, Finance
This article was written by Sandi Martin of Spring Personal Finance and was originally published here on Spring The Blog on Oct. 27th 2015. Does This Sound Familiar? You’ve read a book or a blog series or watched a show about budgeting and getting your money under...
by Renee Wynter | May 30, 2017 | Blog, Guest Post
Is the government being reckless and irresponsible or will rates be this low forever? Here’s a great article that compares the recent changes to mortgage qualifications imposed on Canadians (what the government says) and the government’s own borrowing...
by Renee Wynter | May 24, 2017 | Announcements, Blog, Mortgage
The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation is broadly in line with the Bank’s projection in its April Monetary Policy Report (MPR)....
by Renee Wynter | May 2, 2017 | Blog, Homeownership
A child’s imagination is certainly something to behold. From pillow forts that double as outlying starbases, to walks in the forest that double as adventures travelling up and over the world’s tallest peaks, this gift that children possess- that of finding joy (not to...
by Renee Wynter | Apr 25, 2017 | Blog, Homeownership, Mortgage
Last month, the article “Can’t find the Perfect Property in Your Price Range” was published on the blog, where the purchase plus improvements program was outlined as a way to buy and renovate a property at the same time. If you are looking to buy a...
by Renee Wynter | Apr 18, 2017 | Blog, Homeownership, Mortgage
When you purchase a new home, there are many additional costs beyond the purchase price for which you will be responsible before you are handed the keys. In this Home Trust Mortgages Blog article, we will look at some of these additional expenses and provide a rough...
by Renee Wynter | Apr 12, 2017 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Global economic growth is strengthening and becoming more broadly-based...
