Monthly Archives: Monday January 15th, 2018

What to do about the next Variable Rate Increase from the Bank of Canada ?

businessman doing yoga in lotus pose
Monday January 15th, 2018

What to do about the next Variable Rate Increase from the Bank of Canada ?

It seems that the Canadian economy has surpassed expectations and another variable rate increase is inevitable. If the rate hike that was predicted for last December did not pan out, the one expected this week will most likely occur. The Bank of Canada (BoC) will make the announcement on the 17th of January 2018, bringing […]
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Christmas was magic! Now, how do I pay the debt racked up on my credit cards?

Monday January 15th, 2018

Christmas was magic! Now, how do I pay the debt racked up on my credit cards?

It’s January, cold and dark, and here you are, faced with a pile of debts and credit card bills that reflect your over-spending on holiday celebrations! You’ve received one or more bills? Can you pay them all off? If this is the case, congratulations! If not, take a few minutes to do the following exercise. […]
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Do I need to have my mortgage pre-approved if I’m planning to buy a condo?

Monday January 8th, 2018

Do I need to have my mortgage pre-approved if I’m planning to buy a condo?

The short answer is no, but your real estate agent and mortgage broker strongly recommend it. Here’s why: You will be spending a lot of time with your real estate agent because they will be there to help you pinpoint your needs, look at properties, and negotiate with the sellers. It is only normal then […]
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