Practicing Being a Homeowner

Practicing Being a Homeowner

If you’re thinking about buying your first home you may already be familiar with what it takes to be a homeowner. Paying the bills, cooking, cleaning, and doing the shopping. You might have a lot of practice at these kind of responsibilities but unless you...
Consolidating Credit Card Debt

Consolidating Credit Card Debt

Most people have a love/hate relationship with credit cards. But they are often a necessary for many Canadians when they want to start building their credit. Attractive options like credit cards with cash back or travel rewards can be excellent tools if you know how...
How to Beat the Mortgage Stress Test

How to Beat the Mortgage Stress Test

If you’ve been paying attention to the housing market then the phrase “stress test” will mean something to you. Maybe even something bad. The test, which was brought in by OSFI at the start of 2018, is most known for the impact it has on one’s...
Best Season To Get A Mortgage

Best Season To Get A Mortgage

By the end of winter most Canadians are chilled to the bone. Once warmer weather starts to warm us up you’re likely to see Albertans soaking up the sun as much as possible. Whether they’re working on freshening up their pasty complexions, washing away the...
Overnight Rate Remains Unchanged

Overnight Rate Remains Unchanged

In their statement released today the Bank of Canada announced that they will not change the overnight rate. Currently sitting at 1.75% the overnight rate has remained unchanged since October of last year. The Bank had formerly been steadily increasing the overnight...