The Best Spring Mortgage Season… Ever? + MORE Apr 19th

Interested in learning more about property mortgages in Canada? Look no further!
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What happens when a buyer backs out of a real estate deal? + MORE Sep 2nd

When it comes to backing out of a real estate deal, the law doesn’t tend to side with the dealbreaker, says Ron Butler, a veteran mortgage broker and one of the founders of Butler Mortgage in Toronto. If you’re the buyer, “You should find a way to complete the sale—beg, borrow, do whatever y.... More »
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New Study: Blended Families Say They Face Financial Challenges + MORE Aug 10th

Merging families is never easy, but if you plan on sharing a home with a new partner, stepchild or even your great aunt, you need to be prepared for the potential financial challenges you may face. As more and more families blend together, having the ability to talk openly about the household’s f.... More »

More Rates Now Hinge on Credit Scores Apr 3rd

Never before has your credit score had such an impact on your mortgage rate. Ever since the banking regulator (OSFI) jacked up capital requirements on default insurers, and linked its capital formula to credit scores, more and more securitizing lenders have: a) set different rates for different.... More »
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How to protect yourself from identity fraud in Canada + MORE May 27th

In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of scams are .... More »
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How to Read Your Credit Report + MORE Jun 1st

Your credit report summarizes your credit history and helps lenders weigh your credit risk. Often your credit report is initiated when you apply for your first credit card. Over time it can help you reach your larger financial goals such as obtaining a rental agreement or mortgage. When you apply f.... More »
Now here’s a real estate investment that’s solid as a rock: A home in Scottsdale, Arizona built right into a cluster of giant boulders.

This 4,380-square foot, three-bedroom house is 60 per cent granite marble, according to the listing at Estately.

The house was once described by writer and Neiman Marcus CEO Stanley Marcus as “the most original home in America,” the realtor boasts.

Since it was built in 1980, some two decades after the Flintstones began airing, we can at least say the vision had precedent. But this place looks vastly superior to the cookie-cutter suburban home of Fred and Wilma Flintstone. At the very least, it’s free of dinosaur droppings.

With a $4.2-million price tag, Zillow estimates a monthly mortgage payment on the property of $15,140. But any buyer for this property is likely to be trading up from a smaller rock of some sort, or perhaps a limestone cave.

If you like this place, you should check out the Flintstones house once owned by Dick Clark, which really does look like the house from the Flintstones…

Continue Reading On walletpop.ca »

The Best Spring Mortgage Season… Ever?
If you’re on the hunt for home financing this spring, you’ve practically got a garden of discounts to choose from: lenders big and small are bringing their A game – especially for those who are A borrowers. One lender has introduced a mortgage rate so low, it’s pegged as the lowest posted rate in Canada’s history – and we have all the details.
Meanwhile, the Bank of Canada sticks to their guns on economic recovery, and holds on the Overnight Lending Rate. Read on for the full story.
Bank of Canada Rate Announcement: Less Atrocious Times Ahead?
The Bank of Canada released their third interest rate announcement of the year this week, leaving central interest rates untouched, but revealing insight as to how badly the economy has been affected by the dropping price of oil. However, optimism remains that better conditions lie ahead in 2016. Read on for our breakdown of the announcement.
Read Penelope’s Blog | Less Atrocious Times Ahead?
Canadian Home Buyers Prefer Fixed Mortgage Rates Over Variable
It’s an age-old debate – is it better to save with a variable mortgage rate, or lock in to the stability of a fixed term? Turns out, Canadians prefer the reassurance and safety of fixed mortgage rates, according to a recent survey by CIBC…

Continue Reading On ratesupermarket.ca »

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