Mortgage Tips Arman Sandhu 16 May
If you’re seeking a mortgage, but your application doesn’t fit into the box of the big traditional institutions, you’ll find yourself in what’s commonly referred to in the industry as the “Alternative-A” or “B” lending space. These lenders come in three classifications: Alt A lenders consist of banks, trust companies, and monoline lenders. These are large […]
Read MoreGeneral Arman Sandhu 9 May
Whether you’re jetting off to sunshine and warm sand, an international adventure, or a weekend getaway, before you go there are a few things you can do to protect your home while you’re away! Unplug all electronics and appliances: To reduce energy costs while you are traveling (and mitigate any risk of unexpected fires), it is […]
Read MoreGeneral Arman Sandhu 2 May
Fall in love with your home and your workspace again with these tips to help you make your home office space more productive! Establish Boundaries: A key component of being more productive at home is to establish proper boundaries between work and personal life. While not all of us at home have space for a dedicated […]
Read MoreGeneral Arman Sandhu 25 Apr
If you have a basement suite or rental property and you are currently looking for a tenant, there are some things to know! Whether this is your first tenant or you have other rental properties, it is a good idea to familiarize yourself with the specifics to ensure a harmonious tenancy. As always, your responsibility […]
Read MoreMortgage Tips Arman Sandhu 18 Apr
With the continued rise of inflation, interest rates and the overall cost of living, the uncertainty can be unnerving for many individuals. But don’t fret! We have some tips and suggestions to help you manage your financial stress and help you to power through these latest economic changes: Prioritize What You Can Control: It can be […]
Read MoreLatest News Arman Sandhu 11 Apr
TORONTO – The federal government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. “Faced with a shortage of housing options and increasingly high rent and home prices, younger Canadians understandably feel like the deck is stacked against them,” Freeland said in a news release. “By extending amortization, monthly […]
Read MoreMortgage Tips Arman Sandhu 6 Apr
With the continued rise of inflation, interest rates and the overall cost of living, the uncertainty can be unnerving for many individuals. But don’t fret! We have some tips and suggestions to help you manage your financial stress and help you to power through these latest economic changes: Prioritize What You Can Control: It can be […]
Read MoreLatest News Arman Sandhu 29 Mar
Editor’s Note: On March 28, the CRA said bare trusts would be exempt from reporting requirements for the 2023 tax year unless the agency makes a direct request for these filings. If you have a joint bank account or you co-signed a mortgage, you might be part of something called a “bare trust” agreement that […]
Read MoreGeneral Arman Sandhu 22 Mar
Technology is constantly evolving and adapting to our needs as a society and individuals. One of these exciting developments has been the creation and evolution of smart homes. WHAT IS A SMART HOME? A smart home is any home where the homeowners are able to control thermostats, lighting, appliances and other devices remotely over the […]
Read MoreLatest News Arman Sandhu 15 Mar
Not long ago, the standard issue five-year fixed was Canada’s mortgage term of choice. It sold more than any other term by a long-shot. Then came COVID-19. Suddenly, floating rates were diving below fixed rates, and borrowers were boarding the variable train. That train got derailed as prime rates spiked 475 basis points in 17 months, but five-year fixed […]
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