by Zohreh Fayaz | Feb 9, 2017 | Blog
If you’ve been following the financial news in Canada lately (or if you read the blog here regularly), you will know that a lot is changing in the world of mortgage financing. Most recently, the Canadian Mortgage and Housing Corporation (CMHC) announced an...
by Zohreh Fayaz | Feb 7, 2017 | Blog, Finance
This article was written by Randy Cass of Nest Wealth and was originally published on January 15th, 2016. Your 40s and 50s bring a new, different kind of financial challenge. In your 20s and 30s, you probably struggled with the question of how to make enough money....
by Zohreh Fayaz | Jan 31, 2017 | Blog, Homeownership
Have you ever wondered about how to protect yourself from mortgage fraud? Although the chances of you becoming a victim of mortgage fraud is relatively small, if you do become a victim, it will certainly have a long lasting negative impact on your life. So best to be...
by Zohreh Fayaz | Jan 18, 2017 | Announcements, Blog, Mortgage
Looks like 2017 begins the same way 2016 ended, with the Bank of Canada announcing that it has maintained its target for the overnight rate at 1/2 percent. While the Bank Rate is correspondingly 3/4 of a percent, with the deposit rate holding steady at 1/4 percent as...
by Zohreh Fayaz | Jan 17, 2017 | Announcements, Blog, CMHC, Homeownership
The Canadian Mortgage and Housing Corporation announced this morning that they will be increasing mortgage insurance premiums on March 17th 2017. They were quick to outline that the changes would only amount to roughly a $5 increase per month for borrowers. Which was...
by Zohreh Fayaz | Jan 10, 2017 | Blog, Mortgage
As part of Genworth’s Homeownership Education Week Seminar, Genworth decided to get social and ask recent first time homebuyers to give simple advice to others looking to purchase their first home. The results were captured and included in the Spring issue...
by Zohreh Fayaz | Jan 3, 2017 | Blog, Finance, Video
Here is a video published by Canadian finance expert Preet Banerjee that discusses the impact simply increasing your annual contributions by 5% per year can have to your savings. Transcript How small increases to your savings can make a big difference to your...
by Zohreh Fayaz | Dec 22, 2016 | Blog
by Zohreh Fayaz | Dec 20, 2016 | Blog, Finance, Guest Post
This article was written by Sandi Martin from Spring Personal Finance and was originally published on Spring the Blog July 21st 2015, but it was so good we wanted to share it on our blog as well! If you’ve ever tried and failed at budgeting, or if you’ve...
by Zohreh Fayaz | Dec 7, 2016 | Announcements, Blog, Mortgage
No big shocker here, in the final rate announcement of 2016, just as every economist in the country predicted, the Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per...
