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How a 5% Increase per Year in Savings Can Double Your Money

How a 5% Increase per Year in Savings Can Double Your Money

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...
Season’s Best 2016!

Season’s Best 2016!

by Zohreh Fayaz | Dec 22, 2016 | Blog

If You’ve Ever Tried and Failed at Budgeting

If You’ve Ever Tried and Failed at Budgeting

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...
Bank of Canada Rate Announcement Dec 7th, 2016

Bank of Canada Rate Announcement Dec 7th, 2016

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...
Are Rates Finally Going Up?

Are Rates Finally Going Up?

by Zohreh Fayaz | Nov 15, 2016 | Announcements, Blog, Economy, Homeownership, Mortgage

Well, after many years of unprecedented low interest rates in Canada, it appears the Canadian government by way of rule changes, and the American government by way of Trump, are impacting mortgage rates. Simply put, the Canadian government has recently made it more...
Prime Rates? Not Apples to Apples Anymore.

Prime Rates? Not Apples to Apples Anymore.

by Zohreh Fayaz | Nov 8, 2016 | Blog, Economy, Finance, Mortgage

Although the recent changes to mortgage qualification introduced by the government were intended to create stability in the Canadian housing market, the unintended consequences might have been to make the waters a little muddier. For the first time, it looks like...
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