22 Jul

Considerations for finding the best mortgage rate: fixed vs. variable

General

Posted by: Georgina Shorten

This blog is adapted from an original article by Moneysense. It’s well worth the read! After consecutive years of record-low interest rates in Canada, we are entering a period of rising rates—which makes the cost of borrowing money, be it for a mortgage or a student loan, more expensive. The possibility of more rate hikes can […]

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15 Jun

Vacation and Investment Properties

General

Posted by: Georgina Shorten

So, you are looking to purchase a second property. Congratulations! This is a great opportunity for you to expand your financial portfolio and create stability for the future. Before you launch into this purchase there are a few things you should know, depending on which type of second property you are looking to purchase. SECOND […]

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15 May

Changing Your Financial Direction

General

Posted by: Georgina Shorten

Did You Know? The average Canadian owes $23,000 in consumer debt and has at least 2 credit cards. Source: CBC.ca If you live paycheque to paycheque, the idea of somehow having enough money to invest and eventually have financial freedom seems about the furthest thing possible. But experts in financial education like to point out, no […]

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15 Apr

What to Consider When Choosing Window Coverings

General

Posted by: Georgina Shorten

Are you looking to renovate your home this spring? A great way to spruce up the home without breaking the bank is to replace old blinds! Here are some tips to consider when choosing window coverings: 1. Understand your needs for each space. Is it privacy you are looking for? Is it light you require? […]

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15 Mar

5 Things to Consider When Building Your New Home

General

Posted by: Georgina Shorten

Building a new home is an exciting adventure that requires very different considerations. To help you have the best experience building a home, here are the 5 most important considerations. 1. It’s all in the numbers Regardless of whether you are shopping for a pre-built home or are looking to create your own from the […]

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16 Feb

Understanding Your Mortgage Rate

General

Posted by: Georgina Shorten

It might surprise you to know there are 10 major factors that affect the interest you will pay on your mortgage. Knowing these factors will not only prepare you for the mortgage process but will also help you better understand the mortgage rates available to you. Credit score Not surprisingly, your credit score is one […]

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22 Jan

How Mortgage Rates Are Determined

General

Posted by: Georgina Shorten

Chances are you’ve heard of the two most common mortgage product types: fixed and variable (sometimes called adjustable). But did you know that interest rates for each type are determined by different factors? While both fixed and variable mortgage rates are impacted by a consumer’s financial health, they are also affected by two distinct large-scale […]

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30 Nov

Til Debt Do Us Part: Mortgage Advice for Divorce

Mortgage Tips

Posted by: Georgina Shorten

When couples divorce, they not only divide assets—they also divide debts. Usually, a couple’s biggest shared debt is the mortgage on the family home. Couples going through a separation or divorce have a few options when it comes to dealing with a mortgage. Sell the Home Selling your home is the most straightforward option from […]

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24 Oct

Four Legal Pot Plants, what are lenders Doing?

General

Posted by: Georgina Shorten

As we all know, recreational marijuana is now legal in Canada. The law is set, but implementation and how policies and guidelines will impact our industry are yet to be determined. Generally, 30 grams for personal possession and up to 4 plants at home. For realtors, mortgage brokers and their clients we are facing many […]

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