Are you thinking about buying a home in the near future? Then you’ll want to keep a close eye on your credit. It’s generally recommended that you check your credit six months to a year ahead of when you’ll be purchasing a home. Credit has three parts: credit history, credit report and credit score. Your […]

“Ah, the joys of homeownership!” It’s a familiar phrase homeowners utter during moments of frustration. When you buy a home, you’re buying all the good and the bad that comes along with it. Home repairs and renovations are often overlooked by new homeowner, but I can tell you first firsthand that’s a big mistake. They […]

If you’re anything like me, most of your net worth is tied up in real estate. While real estate is considered a solid long-term investment, it’s still important to diversify. You don’t want to hold all your eggs in one basket, as the saying goes. And the best way to do that is by investing. […]

Should the RRSP Home Buyers’ Plan (HBP) be expanded and modernized? That’s what the Canadian Real Estate Association (CREA) is proposing. CREA has put forward a number of proposals, the biggest of which is “intergenerational RRSP loans” to help first-time homebuyers. At first glance this seems like a good idea. Home prices are rising fast […]

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 […]

You may have heard of the saying, “hard work pays off.” Growing up our parents teach us that if we work hard early on, we’ll be rewarded later in life. We study hard in school in hopes of one day landing an entry-level position and working our way up the corporate ladder. Despite advancements in […]

Author: Stephen Weyman Credit cards and homeownership are an unlikely pairing … how can these two things possibly be related? More than you might think actually. Credit cards are a powerful financial tool that not only will help solidify your credit score before you need that mortgage, but they can also assist you with your […]

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 […]

For most of us, buying and selling a house is likely the single largest financial transaction of our lifetime. Having what I like to call a “rock-star” real estate agent can mean all the difference between a smooth, stress-free experience and a nightmarish one. With over 40,000 real estate agents in Toronto, choosing an agent […]