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Hidden Costs: Uncover the True Cost of your Mortgage
Canadians cannot claim tax deductions on interest paid on their home. This means that every dollar of mortgage interest is after-tax dollar.
Neil Joseph
Mar 16, 20243 min read


Navigating Bidding War When Buying a Home
Home Buyers often find themselves caught in bidding wars wherein multiple buyers compete for the same property, driving up the prices.
Neil Joseph
Mar 16, 20242 min read


Debunking Misconceptions: Understanding Reverse Mortgages
Notion of considering a reverse mortgage might trigger feelings of failure in retirees. Let's dissect this notion about reverse mortgages.
Neil Joseph
Mar 15, 20243 min read


What if Interest Rate on Reverse Mortgage Outpaces Price Appreciation Rate?
If interest rate on reverse mortgage outpaces price appreciation rate of the home, borrowers may find themselves facing some tough decisions
Neil Joseph
Mar 13, 20244 min read


Is It Wise to Have a Mortgage in Retirement?
Should you carry a mortgage into retirement years, or prioritize paying it off before retiring?
Neil Joseph
Mar 12, 20243 min read


Prime Rate at 7.20%: Staying put?
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Mar 6, 20244 min read


Navigating Your Mortgage Renewal: Best Practices for Homeowners
Mortgage Renewal is an opportunity to restructure your mortgage without penalty but also has potential long term financial implications.
Neil Joseph
Mar 5, 20242 min read


Timing the Market: Stick with Variable Rate or Switch to Fixed Rate?
Should you continue to stick with Variable Rate in a hopes of a rate cut in near future or Switch to Fixed Rate?
Neil Joseph
Mar 5, 20242 min read


House Hacking: Is this the way to Affordable Homeownership?
In today’s era where homeownership seems like an unattainable dream for many Canadians, the concept of "house hacking" is a beacon of hope.
Neil Joseph
Feb 28, 20243 min read


Buying a Home or Renting: Pros and Cons You Need to Know
In this blog post, we will explore the pros and cons of buying a home against renting to help you make an informed decision.
Neil Joseph
Feb 12, 20244 min read


Navigating Reverse Mortgages: A Comprehensive Guide for Canadian Seniors
In an era where financial planning is becoming increasingly complex, reverse mortgages have emerged as a viable option for Canadian seniors.
Neil Joseph
Feb 12, 20246 min read


Prime Rate steady at 7.20%: Likely the Top
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Dec 6, 20234 min read


Prime Rate steady at 7.20%: Is this the peak?
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Oct 25, 20233 min read


Prime Rate steady at 7.20%: A Sigh of Relief
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Sep 6, 20234 min read


Navigating Mortgage Renewal: A Roadmap to Financial Prudence
A mortgage nearing maturity or renewal has long been regarded as a routine financial checkpoint but it could be different this time around.
Neil Joseph
Sep 5, 20234 min read


Prime Rate has increased to 6.95%
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Jun 7, 20234 min read


BoC leaves Prime Rate unchanged at 6.70%
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Apr 12, 20233 min read


Prime Rate remains unchanged at 6.70%
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Mar 8, 20233 min read


Does it make sense to purchase a property on assignment?
Is there an opportunity to profit when purchasing a property on assignment? This could be your opportunity to buyout a stressed seller.
Neil Joseph
Feb 6, 20233 min read


Prime Rate has increased to 6.70%
Insights on Canadian mortgage rates (Fixed & Variable) in sync with Bank of Canada's policy rate decisions, shaping Prime Rate dynamics.
Neil Joseph
Jan 25, 20234 min read
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