On the sidelines. Sitting by powerlessly, observing your beloved team get hammered by the opponents. Whether you’ve participated in games of any kind as a player or a spectator, you know how it feels. Shock, confusion, disbelief, anxiety, helplessness, and even anger over the loss is normal. Any range of emotions is understandable and even […]
First Time Home Buyers
The Winning Position
Chess. Love it or hate it, the game with sixty-four squares has been played for centuries by people of all classes and social statuses beginning with nobles, and diplomates, and eventually gaining accessibility and popularity amongst the general population. With each player beginning with sixteen pieces (one King, one Queen, two Rooks, two Bishops, two […]
The Elephant in the Room
If anyone thought the end of the pandemic would bring a return to economic normalcy, 2022 has certainly been surprising. In fact, “elephant in the room” seems to be a fitting expression for the current state of affairs (we’ll explain more on this later, keep reading). As inflation is at the forefront of most consumers’ […]
Avoiding Mortgage Handcuffs
Each person is unique, and so is their story. We’re talking about their personalities, their backgrounds, their perspectives, and their talents. But if each person is different then why do so many settle for cookie-cutter solutions when it comes to choosing a mortgage? As we all know, a mortgage is a legal contract between you […]
CMHC Announces Changes to Mortgage Guidelines
Yesterday afternoon, The Canadian Mortgage and Housing Corporation, better known as CMHC, announced changes to its mortgage insurance underwriting and acceptance criteria. These changes take effect on July 1, 2020 and will impact those applying for mortgage financing. If you want to buy a home with a down payment of less than 20 per cent, […]