by Kara Herbeson | Nov 6, 2020 | Blog, Economy, Homeownership, Mortgage
How Does Skipping a Mortgage Payment Work? Many lenders provide the option for you to skip a mortgage payment each year to help alleviate those tight financial months where everything seems to come due at once. But this also may be an option to help you push...
by Kara Herbeson | Oct 16, 2020 | Blog, Homeownership, Mortgage
Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work. Property taxes represent a key source of funding for municipalities...
by Kara Herbeson | Sep 18, 2020 | Blog, Finance, Homeownership, Mortgage
One of the most challenging obstacles to homeownership is saving enough money for a down payment. Thankfully, mortgage default insurance provides a break to homebuyers that enables you to put less money down. The minimum down payment required to purchase a...
by Kara Herbeson | Sep 4, 2020 | Blog, Homeownership, Mortgage
Both a home appraisal and an inspection are important steps within the home buying process, so it’s well worth your effort to distinguish the differences between them and learn how they can both be used to your advantage to uncover detailed information about a...
by Kara Herbeson | 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 Kara Herbeson | Aug 7, 2020 | Economy, Homeownership, Mortgage
Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes. With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
