Canadian bond yields can have a significant impact on fixed mortgage interest rates. Bond yields and interest rates are closely related because bonds are a key component of the financial markets, and changes in bond yields often influence the overall interest rate environment. Here’s how the relationship typically works: Bonds and Interest Rates: When investors […]

TFSA, FHSA and RRSP The Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP), and First Home Savings Account (FHSA) are financial accounts with key differences in terms of contribution limits, withdrawal rules, tax benefits, and eligibility. Contribution Amounts and Limits TFSA: The annual contribution limit for a TFSA is set by the Canadian government […]

Title insurance is a type of insurance that provides protection to homeowners and mortgage lenders against issues that may arise with the title of a property. In Canada, title insurance is becoming increasingly popular as it offers an additional layer of protection and peace of mind to both buyers and lenders. When purchasing a home, […]

APR represents the total cost of your mortgage loan over a year, expressed as a percentage. It includes both the interest rate on the loan and any additional fees or charges associated with obtaining the mortgage. By considering all these costs, the APR helps you compare different loan offers from various lenders more accurately. Here […]

Why do my groceries cost more than last year? The answer is inflation, and the Bank of Canada has been consistently raising interest rates to try to slow down inflation, but inflation continues to be an issue. Food prices have increased by over 11% from last year and Canadians are struggling to afford to feed […]

  Does it feel like it’s too late to start investing? Don’t know where to start? Good news, now is the best time to start! Investing money can be simple and the best part is you do not need a lot of money to start. A small contribution each month or each paycheck will compound […]

Do you want access to the best lenders, with the best mortgage options? Of course you do! Everyone wants to get the best rate with the best lenders available. Your credit score plays a key role in determining which lenders will offer you a mortgage, but there’s more to it than just a good credit […]