by Rakhi Madan | Oct 22, 2015 | News |
The Liberal majority win was a surprise for many. The effects of this win will reach far, especially in terms of the financial impacts for both Canadian families and businesses. The Liberals have promised to lower the tax rates for small businesses and get rid of the...
by Rakhi Madan | Oct 20, 2015 | First Time Home Buyer, Purchases |
Beware of the term PRE-APPROVAL! Here are some facts: Pre-approvals mean something different to every mortgage professional and lending institution For mortgage approvals both the applicants AND the property they are buying need to be adjudicated and approved before...
by Rakhi Madan | Oct 19, 2015 | Tips |
Let’s face it, getting a mortgage is hard, but repaying a mortgage is harder. What is the best way to go about repaying? You say, as quickly as I can and with the least amount of interest! Good answer! Statistics tell us most folks repay their mortgage in less than 20...
by Rakhi Madan | Oct 12, 2015 | Rates |
THIS JUST IN, MORTGAGE INTEREST RATES ARE…..and there it is again…headline news about another low rate from one of the main lenders. But what does it all mean and why does it continue to grab the headlines on the evening news? It probably comes as little surprise that...
by Rakhi Madan | Oct 10, 2015 | Tips |
You should always consider the implications associated with any financial decision you make, and the decision to either make a RRSP contribution or a significant mortgage payment is no different. Many banks will push their customers to contribute to their RRSP, and...