The Bank of Canada is getting what seems like unusual advice from one of the country’s leading real estate companies. Royal LePage says it’s worried a further rate cut might add fuel to some of Canada’s already red hot housing markets — a position that may seem at odds with a typical stance from realtors
How to Get Money for Renovations When you Purchase One of the most common questions I receive from borrowers is, “can I get extra money with my mortgage for renovations?” The short answer is “yes,” but there are some restrictions, and the program is called “Purchase Plus Improvements.” The bank will not just hand you
For most clients, paying off their mortgage early is priority numero uno. Let’s face it, mortgages are big, long, expensive commitments so for most people, the sooner you can work down that principal, the happier you will be. With that in mind, we’re going to approach mortgage prepayments from a slightly different perspective & put
