5 Inflation-Busting Financial Tips Feeling deflated by inflation? These 5 tips can help reduce the impact of surging prices on your wallet. Forget splurges and discretionary spending; it’s getting harder to pay for life’s essentials. Housing, food, transportation — necessary expenses for most people — are among the spending categories that have seen the biggest […]

5 Inflation-Busting Financial Tips Feeling deflated by inflation? These 5 tips can help reduce the impact of surging prices on your wallet. Forget splurges and discretionary spending; it’s getting harder to pay for life’s essentials. Housing, food, transportation — necessary expenses for most people — are among the spending categories that have seen the biggest […]

Home Equity Loan Vs. Mortgage: What’s The Difference? When you’re looking to buy a home, especially your very first one, all the loan terminology you’re being introduced to can feel confusing. You probably want to make sure that you find the right financing option to pay for a house.   What Is A Mortgage?   […]

A soft landing for Canada is becoming a “distant prospect” The likelihood of the Bank of Canada’s desired “Goldilocks” outcome of a soft landing for Canada’s economy is growing dimmer, according to a new report from RBC. The report is based on recent research from BIS, which suggest “front-loaded” tightening cycles, such as the one […]

https://www.youtube.com/watch?v=PxhFOk4Unvo  

Can You Get A House Loan Without A Job? Yes, absolutely: Many individuals such as retirees, divorced parties, and those with significant investments in the bank receive one every day. In fact, it’s eminently possible to get a mortgage without a job, so long as lenders are able to determine that you can, in fact, […]

What Is Considered Debt When Applying For A Mortgage? When you apply for a mortgage, your lender will pull your three credit reports, one each from the national credit bureaus of Experian™, Equifax® and TransUnion®. These reports will list your outstanding loan and credit card balances.   The debts listed on these reports are the […]

What Is The Meaning Of LTV In Real Estate? Your loan-to-value ratio is a figure (expressed in the form of a percentage) that measures the appraised value of a home that you want to buy against the loan amount that you’re seeking to borrow. It’s commonly used in real estate transactions by lenders to determine […]

How To Get A Mortgage When You’re A Self-Employed Home Buyer? When you’re self-employed and you want to buy a home, you fill out the same mortgage application as everyone else. Mortgage lenders also consider the same things when you’re a self-employed borrower: your credit score, how much debt you have, your assets and your […]

What Is Amortization In Real Estate? Amortization is a way to pay off debt in equal installments that include varying amounts of interest and principal payments over the life of the loan. An amortization schedule is a fixed table that shows how much of your monthly payment goes toward interest and principal each month for […]