by scottm | Nov 9, 2024 | Mortgage Advice
Whether you’re a real estate investor, a landlord, or a homeowner looking to buy a second property, one question comes up again and again: how many mortgages can you have in Canada? The short answer is that there is no legal limit on the number of mortgages you...
by scottm | Nov 8, 2024 | Mortgage Advice
“When America sneezes, Canada catches a cold.” This classic saying still holds today, especially when it comes to the economy. For Canadian homeowners, events in the United States—particularly an election—can create ripple effects that influence everything...
by scottm | Nov 8, 2024 | Mortgage Advice
“Canada’s economy is predicted to rebound in the second half of 2024, but for many homeowners, financial challenges are already a reality.” That’s according to recent forecasts, which suggest that after several turbulent quarters, things will start looking up....
by scottm | Nov 7, 2024 | Home Equity Loans, Bad Credit Mortgage, Mortgage Advice
“High interest debt can feel like you’re running on a treadmill at full speed and getting nowhere fast.” This sentiment is shared by millions of Canadians who find themselves shackled by credit card bills, personal loans, or other forms of...
by scottm | Oct 21, 2024 | Interest Rates, Mortgage Advice
“Many Canadians are ready to spend big when interest rates drop—are you prepared to make the most of it?” Dropping interest rates can change everything. For homeowners, buyers, or anyone managing debt, when rates drop, it can feel like a financial windfall. According...
by scottm | Oct 21, 2024 | Interest Rates, Mortgage Advice
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....
