First Things First...when you finally pay off your mortgage - send the kids to Grandma and Grandpa's place and get weird.
Next...get out the wine!
It's time to CELEBRATE!!
Being Mortgage Free is a feeling only matched only by your first kiss or winning the
First things first - I know it's been a looooooooong while since I have written a blog.
I have no excuse. Frankly, I've been using our Facebook Page for most of my posts - but today's blog is one I want to have around for a while.
It doesn't contain the cure for cancer, and it
Everyone who needs a laugh on this disgusting April Day...this one is for you!
The funniest events in life are unscripted...and if you have kids, you need no further explanation.
Kids are notorious for doing things that may not be immediately funny at the time - but after the dust has
Let me get a few things out of the way first:
1. The Big 5 Banks are all posting 3rd Quarter Profits for 2017. Combined - they posted $9.89 Billion in profits for the said period. FYI, TD posted the largest profit coming in at $2.77 Billion Dollars.
Mortgages are so boring...it's painful.
And only people like Mortgage Professionals can find any excitement in Mortgage Facts - granted, most other people don't.
But, we do like to share. So please - get yourself a cup of coffee, put your feet up, and check out our 15 Mortgage Facts!
Just when you thought buying a home wasn't expensive enough...the good old Provincial Government goes ahead and makes it even more expensive by seasoning it with a PST tax!
...congratulations Saskatchewan - as of August 1, 2017 - you have the luxury of paying PST on your Mortage
Spring is nearly over and Summer is right around the corner!
This means the temperature is gonna get HOT HOT HOT!
And like the temperature, the housing market will do the same. Unfortunately this leads to panic---which leads to rash decisions---and potentially leads to "Buyer's Remorse" and a
Failure to let CRA know you sold your home in 2016 could cost you up to $8,000.00 in PENALTIES!!
When you complete your income tax this year, be sure to report the income. Before you freak out - this does not mean you will be taxed on the sale of your home, rather it is to claim your
...would it be weird if we begged?
Some of you will be in "the know" about all of the Mortgage Shenanigans we are currently facing - for others, you may have no idea, or perhaps you just don't care.
Regardless of who you are, we still think it is relevant to let you know that despite the
For those of you who may not have heard...about 2 weeks ago our Dictators in Ottawa decided they understand Canadians and Canadian Finance better than we do ourselves and they took it upon themselves to tell us so.
Unfortunately their delivery was more of a Middle Finger than that
Announced today, CMHC will be issuing it's First "Red Warning" on the Canadian Housing Market.
...which bids the question...what colour was it before?
So what's going on? What does this mean?
The simplest answer is this, the combination of high housing prices and consumer indebtedness are
"The British are Coming! The British are Coming!!"
...and so the Paul Revere story of the Canadian Mortgage Landscape continues.
Only in our case it's, "October 17th is Coming!! October 17th is Coming!!"
But take heed my fellow Canucks...it appears there may be a break in