Trying to time mortgage rates is like trying to guess the next market crash—it’s a gamble. With economic uncertainty running high and no clear direction from the Bank of Canada, homeowners renewing or taking on a new mortgage are left…
In real estate investing, complexity is often the enemy of action. That’s where the 8/16 Rule comes in—an easy-to-use framework that separates profitable rental properties from cash flow disasters. Whether you’re an investor crunching numbers or a renter debating your next move,…
A lot of Canadians think fixed mortgage rates automatically follow the Bank of Canada’s moves. Here’s the problem with that thinking: fixed rates aren’t driven by the central bank’s rate but rather by bond yields, which don’t respond as directly…
As the Canadian housing market continues to evolve, the federal government has announced significant changes to mortgage rules designed to help more Canadians achieve homeownership. Effective December 15, 2024, these new regulations aim to address affordability challenges and stimulate housing…
As the seasons shift from the carefree days of summer to the structured rhythms of fall, it’s an opportune time to give your budget a thorough review. The end of summer often prompts a reflection on the past months’ expenditures,…