Instability persists in the Canadian housing market, but analysts say there are signs things may start to normalize in the coming months. This article by First National Financial LP Indicates that the Canadian Real Estate Association reports that February home sales fell 40% compared to their peak in February of last year, just […]

Fraud Awareness Month Did you know? March is fraud awareness month in the mortgage industry, which makes this is a great time to talk about title insurance! As our insurance experts, FCT is a leading provider of title insurance and has some helpful information for you: For those who don’t know, title fraud can impact both homebuyers […]

Why you need a home inspection. Ahome inspection isn’t a legal requirement when you buy a home in Canada. Yet, it’s certainly a wise decision for the largest purchase you will likely ever make. Here are five reasons why you should opt for a home inspection when buying a home, even if it is a […]

Industry Jargon Explained. Baffled by the expressions Realtors and bankers throw at you? Here are some commonly used—but not always understood—words to describe mortgages: Amortization Period This is the number of years it will take to repay the entire mortgage in full and is determined when you are approved. A longer amortization period will result […]

Investment Properties. So, you are looking to purchase a second property! Congratulations! This is a great opportunity for you to expand your financial portfolio and ensure stability for the future. However, before you launch into this purchase there are a few things you should know, depending on which type of second property you are looking […]

    Short-term financing – credit or loans that are designed to be paid off in a short period of time – can be a useful financial tool in a variety of different situations, such as: Bridge financing If you’re planning on moving and have found a new home before selling your existing one, you […]

        Many Canadians will spend their entire lives without proper financial education. Money. It’s virtually impossible to get by in life without it, and everyone wants more of it. But many people struggle to manage their money and make it work for them. And all the stats are going in the wrong […]

Your Credit Rating: The Four C’s. Buying your first home is an incredible step in life, but it is not without its hurdles! One of which is demonstrating that you are creditworthy, which all comes down to your credit rating. This is how lenders and credit agencies determine the interest rate you pay, or whether […]

                         How to Teach Your Kids About Money. “You’re teaching them way too young,” joked the man next to me and my three girls at the bank machine; clearly he assumed we were taking out cash, and thought it would be funny to tease […]

    There is a little doubt that the biggest purchase of your life will be your home. When embarking on your homeownership journey, having the right support and information will make all the difference. Fortunately, a mortgage broker can help! With access to more than 230 lending institutions including big banks, credit unions and […]