Are you looking to purchase a new house or apartment? Although this is an exciting idea, packing everything up and moving can be a daunting task. This article will provide three trips to eliminate old and unnecessary items, which will make the process of moving into a new home simpler.   Sort Everything That You Don't Need   Firstly, sort every item you own. Usually, families tend to sort out the essential items in each room and separate them from everything else.... [read more]

Buying a home is a huge milestone in one's life. It is a decision you make by considering your circumstance based on where you are financially and emotionally. However, with what is happening in the rental market, now is an excellent time to buy.   So, What's going on in the rental market? The cost of rentals has grown at its fastest pace ever in the last three decades. The national median monthly rental price is now over $2,000 for the first time ever. The monthly rent... [read more]

The fall is the perfect time for a credit clean-up so that you are ready for the holiday spending season – and anything else the year can throw at you!   When it comes to cleaning up credit, there is no better time than now to recognize the importance of your credit score and check if you are on track with your habits. To get started with your credit clean-up, there are a few things you can do:   Pull Your Credit Report: For most of us, our credit score is... [read more]

Canada has seen a surge in international migration over the last few years. With all these new faces in town wanting to plant roots in this great country, it’s a good time to review some of the details surrounding mortgages and how individuals new to Canada can qualify to be homeowners.   If you are already a Permanent Resident or have received confirmation of Permanent Resident Status, you are eligible for a typical mortgage with a 5% down payment - assuming you have... [read more]

In Canada, various programs are available for first-time homebuyers, with the aim to help make buying your first home easier.  RRSP Home Buyers’ Plan If you haven’t purchased a home within the last four years (or lived in a spouse’s home in the same timeframe), you may qualify for the RRSP Home Buyers’ Plan. With this plan, you may borrow up to $35,000 tax-free from your RRSP to fund your down payment. Just keep in mind that the money must be in your RRSP... [read more]