(587) 414-0812 josh@mortgagesforless.ca
      Federal Budget Entices Home Buyers

      Federal Budget Entices Home Buyers

      Justin Trudeau’s office released their proposed budget, which happens to include a few incentives for first-time home buyers. With the federal election coming this fall, these enticements were well timed. Should the Liberals be reelected we hope to hear more...
      Understanding Credit Card Interest

      Understanding Credit Card Interest

      Nobody likes to pay interest on their credit card purchases. But if you know how your credit card works, you’ll learn when you do and do not pay interest and how much you can expect to pay. And once you know that, you can better plan to pay off your balance in...
      Making the Down Payment

      Making the Down Payment

      How much do you need for a down payment? 20%? 10%? 5%? In previous generations the goal was for 20% but in today’s economic climate, just 5% is accepted by nearly everyone. Many financial experts will tell you it is not a good idea to borrow more than 80% of the...
      No New Overnight Rate

      No New Overnight Rate

      With no surprise, the Bank of Canada announced in their release last week that no change has been made to the overnight rate. It presently rests at 1.75% and has remained unchanged since October. In 2017 the Bank indicated, gently at first and then more assertively,...
      Staying Afloat in the Mortgage Market

      Staying Afloat in the Mortgage Market

      If you’ve been paying attention to the mortgage market over the last year, you’ll know all about the new mortgage stress test and regulations. If you’re new to the scene, here’s a recap. Back in 2017 the Canadian housing bubble was growing...