by Robert Stanfield | Nov 20, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
Becoming a First-Time Homebuyer & Landlord at Once In Canada, there are nearly 4.5 million adults and families who live in rental housing – representing approximately one third of total households. If you’re looking to purchase a home, particularly your...
by Robert Stanfield | Nov 13, 2020 | Blog, Economy, Homeownership, Mortgage
There are a lot of unknown terms you’ll come across while buying a home – particularly as a first-time homebuyer. Two common payments that homebuyers sometimes use interchangeably, but are quite different, are “deposit” and “down payment”. Deposit When buying...
by Robert Stanfield | Oct 9, 2020 | Blog, Economy, Homeownership, Mortgage
Often times, when you buy a property, there’s a gap between your home’s closing date and the day in which your lender withdraws your first mortgage payment from your bank account. During those in-between days, interest is accumulated on the money you owe, and a...
by Robert Stanfield | Oct 2, 2020 | Blog, Economy, Homeownership, Mortgage
In the simplest of times, debt has a way of creeping up and quickly causing grief in our everyday lives, not to mention the havoc it can wreak during a pandemic, creating extra stress and uncertainty. A debt consolidation mortgage is an affordable way to pay...
by Robert Stanfield | Aug 21, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
by Robert Stanfield | Aug 14, 2020 | Blog, Economy, Homeownership, Mortgage
Your credit rating affects all aspects of your financial activities when it comes to borrowing money, as it helps lenders determine the level of risk associated with lending money to you. If you have a solid credit score, lenders believe you’re more likely to make...