Share When market uncertainty hits, many people try to find a way to safeguard their investments. One of the most attractive ways to do this is by putting money into real estate. Real estate, after all, is more substantial than stocks and bonds – you can touch real estate, and see it. On the other [...]
Share The RRSP deadline is on Monday, and so you are probably thinking about the best way to top up your contributions. With the recession ravaging finances, and the debt hangover from the holidays likely still dogging you, you might be tempted to borrow money for your RRSPs. Some people take out a line of [...]
Share For those people in Ontario who are thinking about buying or selling property this year, the expected arrival of the Harmonized Sales Tax (HST) on July 1, 2010 has caused some concern. How will the HST affect your real estate transactions? And are there any positive sides to this legislation? What is it? First, [...]
Share When you are deciding to buy your first home, one of the questions that often comes up is: how much should I pay for my down payment? The short answer is: as much as possible. We’ve all seen the havoc that some of the no-down payment mortgages in the U.S. have caused. Since buyers [...]
Share When it is time to renew a mortgage, you are often faced with a difficult problem: should you go for a fixed rate or variable rate mortgage? There are benefits to both. However, historically it has been the variable rate mortgages that have the edge: in the last 30 years, variable rate mortgages have [...]
