Canada’s banking regulator OSFI (short for Office of the Superintendent of Financial Institutions) has become quite the water cooler conversation topic these days. “How ‘bout them Blue Jays?” has been replaced with “did you hear about the latest mortgage rule changes?” Although these were perhaps the most anticipated mortgage rule changes in history, there’s still […]

For most people, buying your home is the biggest purchase of your life and with it a HUGE mortgage. On Financially Fabulous with Limor I share my top tips to pay off your mortgage faster and save thousands of dollars in the process. Financially Fabulous with Limor – How to Pay Off Your Mortgage Faster […]

A personal finance book written by an insolvency trustee can’t be interesting, right? Wrong. Straight Talk On Your Money by Doug Hoyes promises to cut through the biggest myths and mistakes about money and, boy, does it deliver! Full disclosure: I’ve known Doug for a while. I was a guest on his podcast when I […]

I was recently interviewed on the Build Wealth Canada Show where we did a really deep dive on how I paid off my mortgage and became financially independent at 30.    We also decided to do a giveaway together where you can win one of the signed copies of my book.   You can download the full interview […]

Higher mortgage rates could be coming – and a lot sooner than many of us anticipated. Ever since the start of the year, the Canadian economy has been on a tear. GDP soared 3.7 percent in the first quarter, followed by 0.2 percent in April. With our economy not showing any signs of slowing down, […]

Have you picked up your copy of my book, Burn Your Mortgage, yet? It’s flying off bookshelves! Thank you to everyone who has purchased my book and helped spread the word on social media with the hashtag #BurnYourMortgage. If you haven’t already, I’d really appreciate it if you’d post a book review on Amazon. Exciting […]

Your mortgage may seem like a life sentence, but it doesn’t have to be. Through “side hustle,” you can achieve your  financial goals sooner like saving the down payment for your future home and paying down your mortgage in 10 years or less. I’m living proof of the power of side hustle. With side hustle, […]

Shopping for a mortgage is a lot more than simply finding the mortgage with the lowest rate. You wouldn’t shop for a condo by lowest list price only, ignoring other factors like maintenance fees, amenities and location. So don’t do it with your mortgage. The lowest mortgage rate may be the best mortgage, but there’s […]

New Year’s, it’s a time of celebration and reflection. Celebration for all that we’ve accomplished in the year. Reflection for positive changes we could make to ensure that next year is even better. A popular annual tradition is to set New Year’s Resolutions. Popular resolutions include getting in better shape, quitting smoking and better managing […]

To help keep housing affordable in the province, the B.C. government is offering an interest-free loan to first-time homebuyers. The B.C. Home Owner Mortgage and Equity Partnership program will provide property virgins with a loan of up to $37,500. This amounts a maximum five percent of the purchase price or half the down payment. The […]