by Andrew Macrae | Jan 7, 2020 | Blog, Divorce, Finance
No secret here, divorces are challenging, there are a lot of things to think about in a short amount of time. Although finances are often at the forefront of the discussions as it relates to the separation of assets, managing and maintaining personal credit can be...
by Andrew Macrae | Dec 17, 2019 | Blog, Mortgage
Relatively self-explanatory, an interest-only mortgage is one where your entire mortgage payment goes to interest and does not pay down the principal mortgage amount at all. So at the end of your term, you will owe the same amount as when you got your mortgage. So you...
by Andrew Macrae | Dec 3, 2019 | Blog, Finance, Mortgage
Alternative lending refers to lending practices that fall outside the normal banking channels. These are lenders that think outside the box and offer lending solutions to Canadians who wouldn’t otherwise qualify for traditional bank products. Although we all like to...
by Andrew Macrae | Nov 19, 2019 | Blog
It doesn’t matter if you are looking to purchase your first home, your next home, or your twentieth home; typically the mortgage documentation required to secure financing will be the same. The earlier on in the process you can collect these documents, and provide...
by Andrew Macrae | Nov 5, 2019 | Blog, Finance, Mortgage
Although getting a mortgage is exciting as it allows you to become a homeowner, a mortgage is, in fact, a lot of debt. So if you have a mortgage, your goal should be to get rid of it as quickly as possible. Here are four things you can do to help pay off your mortgage...
by Andrew Macrae | Oct 22, 2019 | Blog, Mortgage
Although it’s ideal to have your mortgage paid off by the time you retire, in today’s economy, that isn’t always possible. The cost of living is considerably higher than it has ever been, and as a result, a lot of Canadians are putting off retirement, hoping to make...
