With rising interest rates, many Canadians are feeling the financial squeeze. A Yahoo Canada/Maru poll reveals that a quarter of respondents are “not coping well” with current interest rates, and for homeowners with mortgages, this pressure can be even more intense....
Navigating the mortgage landscape can be complex, especially when life throws financial challenges your way. If you’re a homeowner dealing with a low credit score, inconsistent income or high amount off debt due to missed payments, securing a mortgage through...
For many homeowners, the dream of owning a home can quickly turn into a nightmare when faced with mortgage arrears. Missing mortgage payments can happen due to many uncertainties in life such as job loss, medical expenses, or other financial hardships. If you’re in...
For homeowners in Calgary, facing the threat of foreclosure can be a distressing and overwhelming experience. The recent survey report from Jerry Charlton Real Estate reveals alarming trends in Calgary’s housing market, indicating a potential surge in foreclosures....
In Canada, when your mortgage term comes to an end, you’ll need to either renew with your current lender or switch to a new one. For most homeowners, this is a straightforward process, but for those with bad credit score, it can become a little more complicated. If...
Tax debt owed to Revenue Canada can quickly become overwhelming, particularly if you’re already facing financial struggles. For homeowners with bad credit or income challenges, managing both CRA debt and mortgage payments can feel impossible. Fortunately, there are...
A blanket mortgage is a type of mortgage financing that covers more than one property with a single loan. It’s a powerful tool for Canadian real estate investors and homeowners who are looking to simplify their lending process while maximizing their investment...
Managing multiple debts can be overwhelming, especially for homeowners facing financial challenges. Debt consolidation is a common strategy that allows you to combine multiple debts into a single payment, often with a lower interest rate or better terms. For Canadian...
Understanding your financial health is important for making informed decisions about loans, mortgages, and long-term investments. One of the most critical indicators to identify the health of your financial situation is the Debt-to-Income (DTI) ratio. Whether you’re...
Property tax arrears represent a growing concern for both homeowners and municipalities across Canada. As the cost of living rises and economic uncertainty looms, more individuals are finding it difficult to keep up with property tax payments. Unpaid property taxes...
Property taxes are a necessary obligation for homeowners, funding vital municipal services such as schools, road maintenance, and emergency services. Falling behind on property taxes can lead to serious consequences, including foreclosure. While the timeline and...
Wage garnishments create serious financial challenges for Canadians. As of 2025, wage garnishments are increasing, with many households struggling to meet basic needs after deductions from their paychecks. According to recent studies, over 10% of working Canadians...
Debt can feel overwhelming, especially when financial challenges arise. In 2025, artificial intelligence (AI) is revolutionizing how individuals manage debt. According to a recent market report, the global AI-powered personal finance market is projected to grow by...