There are plenty of bank savings account options in Canada! Stay on top of the best plans right here.
Latest News
Will credit card debt affect my mortgage application? Mar 27th
If you’re shopping around for a mortgage, you probably already know that lenders ask for a ton of financial information before determining how much you can borrow. That list includes your household income and how much you owe—including credit card debt, car payments and unsecured personal loans..... More »
How to manage your tax withholding in retirement + MORE Jun 18th
Every spring, I tend to have a lot of conversations with retirees who are disappointed that they owe tax on their tax return, that the Canada Revenue Agency (CRA) has asked them to pay income tax in installments, or that their Old Age Security (OAS) pension has been clawed back.
If it makes you f.... More »
Four smart things to do with your income tax refund + MORE Apr 19th
You might be tempted to spend your refund on a new TV set, but there are financially smarter options, writes Gordon Pape..... More »
Government Extends Tax Deadline in COVID-19 Economic Response Plan Mar 21st
In ever-evolving circumstances, Prime Minister Justin Trudeau has announced an $82-billion stimulus package to help Canadians and businesses amid the COVID-19 pandemic. These measures aim to stabilize the economy and support Canadians facing hardships.
The announcement comes as part of Canada’s C.... More »
How much money does the government contribute to an RESP? + MORE Feb 13th
Whether your child eventually goes off to university, enrolls in a college program or is interested in another type of schooling, there’s no way around it: post-secondary education is pricey. In Canada, the average undergraduate tuition fee for the 2022–23 school year was $6,834. Over four yea.... More »
The Perfect Pro: Your Guide to Working with Mortgage Professionals
– ratesupermarket.ca
As the saying goes – it takes a village. Even when embarking on your home purchase, it’s essential to put together a dream team of mortgage professionals to make the process as smooth as possible.
Connecting with a real estate agent is step one for many prospective buyers, but there are a number of pros you’ll need to connect with along the way before calling that home your own – and it’s up to you to hire them.
Here’s a list of the pros you can expect to work with during the buying process, and what you should know before hiring them.
Your Guide to Mortgage Professionals
The Mortgage Broker
What they do
Mortgage brokers navigate the lender marketplace on your behalf to find you the best mortgage rate. Brokers have access to a number of rates offered by various lenders, and can likely score you a better deal than you would have found on your own. They also take your personal budget and credit standing into account to find a mortgage product truly suited to your financial needs…
The GOP's Ambitious College Reform Plan
– online.wsj.com
Simplify student loans, expand vocational options, protect free speech, end ‘public service’ subsidies.
