Know Your Mortgage Before You Sign on the Dotted Line A client friend called me today to see if it was a good time to convert her adjustable rate mortgage into a fixed rate. She told me that her sister had a mortgage at RBC and had just been offered a fixed rate of 4% […]
Converting Your Adjustable/Variable Rate Mortgage Read More »
Is it wise to draw equity from your property to: Buy real estate? Go on vacation? Invest in RSP’s? Invest in non-RSP’s? Spend on education? Consolidate debt? These are a sample of the most popular questions that are asked us as financial planning experts from the debt side of the ledger. With many years of
Is It Wise to Draw Equity from Your Property? Read More »
Garry Marr, Financial Post Would you like to pay an extra $300 per month on your mortgage? Not likely. That hasn’t stopped a number of Canadians, with the deal of a lifetime on a variable-rate mortgage, from switching over to a more expensive fixed-rate product and paying the extra freight. A fear of rising rates
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