General Monica Young 17 Mar
(Published by HomeEquity Bank) You work a lifetime building your nest egg, so the thought of losing financial control can be difficult at any point in life. However, having a trusted document like a power of attorney (POA) can bring you and your loved ones peace of mind. Contrary to what some believe, the reality […]
Read MoreGeneral Monica Young 15 Feb
Red Hot Labour Market Despite Rate Hikes Today’s Labour Force Survey (LFS) for January was much stronger than expected, once again calling into question how long the Bank of Canada’s rate pause will last. This report showed no evidence that the labour market is slowing in response to the vast and rapid runup in interest rates. […]
Read MoreGeneral Monica Young 24 Jan
The latest news has been focused on rising interest rates, surging inflation, and economic uncertainty with suggestions that the Canadian economy could be tripped into recession. With all this information circulating, now is a good time to discuss ways to adapt your finances and protect your future. Fortunately, there are a few key things you […]
Read MoreGeneral Monica Young 23 Jan
If you have accumulated multiple points of debt from credit cards and are also dealing with other loans (such as car loans, personal loans, etc.), you may be looking for a way to simplify your payments and help reduce them. Rolling them into your mortgage could be the perfect solution. Some of the benefits for […]
Read MoreGeneral Monica Young 18 Jan
There are many insurance products when it comes to your home, but not all are created equal. One such insurance policy that potential homeowners may encounter is known as “title insurance”. This particular insurance is designed to protect residential or commercial property owners and their lenders against losses relating to the property’s title or ownership. […]
Read MoreGeneral Monica Young 17 Jan
Did you know? Reverse mortgages are continuing to gain popularity for older homeowners in Canada! For many Canadians who are looking to retire but currently facing high debt load and ongoing expenses, as well as reduced income, it can be a challenge. This is where the reverse mortgage can help! This product is also a […]
Read MoreLatest News Monica Young 2 Dec
It’s been a great yet crazy 2020! We have seen the best and worst of people during this pandemic from all over the world. As the year comes to an end, we want to take the time to reflect and be thankful for our family and friends. Season’s Greetings and Happy New Year! Stay safe […]
Read MoreLatest News Monica Young 5 Aug
Canada’s Economy Is Outperforming the US
Read MoreMortgage Tips Monica Young 27 Jul
A: Some big banks will send you a renewal letter within three months of your term, encouraging you to sign at the current posted rate to rollover your mortgage. It is important to work on your renewal as soon as possible so that your mortgage does not go past maturity. Once pass maturity, your mortgage […]
Read MoreLatest News Monica Young 20 Jul
CMHC Makes It Harder To Qualify For An Insured Mortgage
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