by George Gikas | Jan 17, 2017 | Announcements, Blog, CMHC, Homeownership
The Canadian Mortgage and Housing Corporation announced this morning that they will be increasing mortgage insurance premiums on March 17th 2017. They were quick to outline that the changes would only amount to roughly a $5 increase per month for borrowers. Which was...
by George Gikas | Jan 10, 2017 | Blog, Mortgage
As part of Genworth’s Homeownership Education Week Seminar, Genworth decided to get social and ask recent first time homebuyers to give simple advice to others looking to purchase their first home. The results were captured and included in the Spring issue...
by George Gikas | Jan 3, 2017 | Blog, Finance, Video
Here is a video published by Canadian finance expert Preet Banerjee that discusses the impact simply increasing your annual contributions by 5% per year can have to your savings. Transcript How small increases to your savings can make a big difference to your...
by George Gikas | Dec 22, 2016 | Blog
by George Gikas | Dec 20, 2016 | Blog, Finance, Guest Post
This article was written by Sandi Martin from Spring Personal Finance and was originally published on Spring the Blog July 21st 2015, but it was so good we wanted to share it on our blog as well! If you’ve ever tried and failed at budgeting, or if you’ve...
by George Gikas | Dec 7, 2016 | Announcements, Blog, Mortgage
No big shocker here, in the final rate announcement of 2016, just as every economist in the country predicted, the Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per...