General Greg Weaver 26 Oct
Many Canadians will spend their entire lives without proper financial education. With the help of Enriched Academy, an online financial education platform, Our House Magazine has collected some insight and tips from experts on financial literacy to help Canadians achieve their dreams, from homeownership to a comfy retirement. Money. It’s virtually impossible to get by […]
Read MoreGeneral Greg Weaver 20 Oct
When it comes down to getting approved for a mortgage, there are a lot of factors and not everyone will qualify. So what are your options if the banks say “no”? When conventional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, it is important to […]
Read MoreGeneral Greg Weaver 12 Oct
Moving to a larger house is not the only time that things can change with your home and mortgage. Sometimes there comes a point when owning a home becomes a little too much to handle, or maybe you’re an empty-nester and no longer need three extra bedrooms. Whatever the reason, downsizing is a great option […]
Read MoreGeneral Greg Weaver 30 Sep
Buying your first home is an incredible step in life, but it is not without its hurdles! One of which is demonstrating that you are creditworthy, which all comes down to your credit rating. This is how lenders and credit agencies determine the interest rate you pay, or whether you will qualify for a mortgage […]
Read MoreGeneral Greg Weaver 23 Sep
It’s a common question and one that deserves a little context. Buying a home is an incredibly exciting event for any new homeowner, but with ownership of any property comes the need to protect it from a range of risks. These could include losses or damages to the home and fraudulent attempts to steal, transfer […]
Read MoreGeneral Greg Weaver 20 Sep
Whether it is your first house or you’re moving to a new neighborhood, getting approved for a mortgage is exciting! However, even if you have been approved and are simply waiting to close, there are still some things to keep in mind to ensure your efforts are successful. Many homeowners believe that if you have […]
Read MoreGeneral Greg Weaver 10 Sep
Bank of Canada Responds To Weak Q2 Economy–Holding Policy Steady As we await the quarterly economic forecast in next month’s Monetary Policy Report, the Bank of Canada acknowledged that the Q2 GDP report, released last week, caught them off-guard. In today’s policy statement, the Governing Council of the Bank said, “In Canada, GDP contracted by […]
Read MoreGeneral Greg Weaver 2 Sep
The Bank of Canada (BoC) released its latest Monetary Policy Report (MPR), and the outlook is optimistic. With the economy re-opening, vaccinations on the rise, and supply chains finding relief from the bottleneck they’ve experienced, the future looks promising. What impact does the MPR have on you? What are the implications for mortgages? Let’s take […]
Read MoreGeneral Greg Weaver 1 Sep
Talking about money is one of the last taboos and can make people feel very uncomfortable – a feeling that’s only amplified when it comes to talking about your parents’ money. However, when a conversation’s difficult, that normally means it’s worthwhile having; and getting transparency on your parents’ financial situation can help you help them […]
Read MoreGeneral Greg Weaver 26 Aug
You’ve reached a point in life where your job is going well, and you find yourself not only out of debt but with some room for savings. You might start wondering, where should I put this money that will not only be safe for the future but also grow? That’s when you’ll probably start hearing […]
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