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13
Dec

82 Years Old with a 30 year Amortisation?

Can an 82-year-old take out a new mortgage with a 30-year, or even a 35-year amortisation? Strictly speaking, YES. In…

Mortgage Financing|Mortgage Market

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06
Dec

A Cool Car, Or A Home Of Your Own?

Thinking of purchasing or leasing a new car? Some quick math for you. A $400.00 payment will reduce your total…

Mortgage Financing

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22
Nov

Inequality Amidst Equals

Whether choosing a 5 year fixed rate Mortgage, or having it chosen for you (a la OFSI guidelines) there are…

CMHC|Mortgage Financing|Mortgage Market

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06
Nov

Does a doubling of the interest-rate double ones mortgage payment?

Amid a few more ‘sky is falling’ headlines it felt appropriate to inject some basic logic into the equation. Although…

Mortgage Financing

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18
Oct

Turning your home into an investment property: Step One

If you are retaining your residence as an investment property (rental) and moving on to your next home, there’s one…

Mortgage Financing

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