“Aging in Place” is a term which describes the phenomenon of Seniors choosing to stay at home rather than move to a retirement or nursing home. Most people would prefer to remain in their own home as long as they can but are often pressured to move to a retirement home due to health or […]

18 May 2016   Just a few years ago, a federally imposed limit on how much equity you could access via refinancing your home was tightened to 80% of value. The requirement to maintain a minimum 20% equity in your property has made refinancing for many people difficult. Those who only put 5% or 10% […]

As the average age of our Canadian population gets older (according to Employment and Social Development Canada, our country currently has over 5 million people over 65 years old), it is no doubt that you or your loved one may be faced with growing concerns about the ability to live life without financial constraints or […]

Pros and Cons of Collateral Mortgages During the past couple of years the term “collateral mortgage” has gained a bit of a negative reputation, especially since TV shows like CBC’s Marketplace have taken notice. Marketplace felt it was worth doing a segment about collateral mortgages because the lenders offering this product were not disclosing the […]

Wow! Can’t believe that interest rates are on the decline again! Five year rates as low as 2.84%, and 3 years at 2.65%!