07 Nov 2018

You may or may not have noticed what’s going on but there’s a war on debt that’s slowly taking shape through subtle and behind-the-scenes policy changes by risk departments, and it’s headed straight for the average everyday mortgage borrower. Currently, the average debt size on HELOCs (Home Equity Lines of Credit) is $65,000 – across…

15 Oct 2018

One of my favorite daily emails is from The Hustle, and it’s exactly what it sounds like – an email championing hard work, innovation and creativity to get ahead in the world.  This weekend, The Hustle decided to break down the most lucrative side-hustles (although in America, but we can extract the numbers for Canada)…

01 Oct 2018

If you asked me the last week of September, I would’ve told you that the chances that Canada would be part of a new NAFTA were 50/50. Fast forward a few days later and it looks like our team did a good job of holding their ground, and, we do have a deal now!  Why…

10 Sep 2018

This week alone I have seen first-hand the pitfalls of shopping for a mortgage and going for a “no-frills” option. What does that even mean? Simple. When you get a no-frills mortgage, you’re getting just that: a mortgage with a slightly lower rate, but, less flexibility. And, go figure, this isn’t just an option available…

04 Mar 2018

It’s time we talk about appraisals again especially in light of this pretty awful story I found online about this couple who is complaining that the house they bought is now priced lower. This is the story that ran on CBC news. Because, you know, house prices should never fall, right? There are many things…

18 Jan 2018

Introduction: New Year, New Rules, New Ways to Master the Market Happy New Year! So, it’s 2018 – the year of the dreaded stress test in the Canadian mortgage market. Should we worry? Well, it depends. There’s still opportunity and energy in the Toronto homebuying market, and by following some straightforward, common-sense steps, anyone buying…