Not sure how to put together a down payment? Want to buy a second property? How can you leverage your home equity to pay for your children’s post-secondary education? Dare to dream. You’ll find your answers here.
It pays to pay down your mortgage faster
by Denis Doucet What you’ll learn Reimburse your mortgage faster Reduce the duration of your mortgage loan Boost your payments Double-up, increase payments, anniversary payments are all viable avenues you can use to accelerate your payments to repay your loan term and balance. Increasing your mortgage payments, even slightly, over a few years can save […]
Renew or Refinance. The first rate is not always the best!
by Denis Doucet What you’ll learn Renegotiate the mortgage terms at renewal Consider the possible changes to your lifestyle you could afford during your renewal period Take advantage of your renewal for debt consolidation The laws of least effort Banks and other lending institutions tend to take you for granted when your mortgage comes due for […]
Secondary residences – Ensuring your dream becomes a reality
by Denis Doucet What you’ll learn Available options to consider for the financing of your secondary residence. Factors that could influence the lending institutions Go slow – don’t rush in! When purchasing a secondary residence haste can lead to costly mistakes moving forward. You deserve the best possible mortgage available to you. So take the time […]
July: The perfect time to check in on your mortgage
by Denis Doucet What you’ll learn Adapt your mortgage payments as your financial situation evolves Analyze your budget to get a clear picture Looking to adapt your mortgage payments due to a change in your financial situation? Even if your mortgage renewal is still a few years away, it doesn’t mean you can completely ignore […]
Repay your mortgage or invest?
by Denis Doucet What you’ll learn Learn to compare rates Peace of mind VS. Investment diversification Consider your goals and plans for future years Being indebted is normal yet uncomfortable. Most people want to be debt free as soon as possible. What should we do with our money leftovers every month? Is it better to invest […]
Best app to save money and manage your personal finances
by Multi-Prêts Mortgages What you’ll learn Mint et Mint Bills Spendee Expenses Ok Good Budget Level Money Is it easy to keep track of your expenses and keep control of your budget? Here is mobile app that will help you manage your personal finances. We chose easy and secure app for you. (Data saved […]
What to do when we are unable to pay our mortgage?
by Denis Doucet What you’ll learn When to warn your lender The options available to you What your broker can do Financial difficulties can appear at any moment throughout your life. What happens whem you’ve emptied your backup finances and can no longer reimburse your mortgage? First, alert your lender… fast! Being proactive and contacting your […]
Get out of debt: consolidate and eliminate
by Denis Doucet What you’ll learn Don’t lose sleep; take action. Get rid of high-interest cards. Help is available. We’ll tell you how Is anxiety getting the better of you? Are you hoping, by some miracle, that your boss will hand you a huge bonus? Are you finding it difficult to catch up on monthly expenses?Thought […]
The Three-drawer Strategy for maximizing your budget
by Fabien Major What you’ll learn The emergency fund Saving for projects Retirement planning Saving is one of the most important aspects of budgeting. Here’s a simple and efficient method to save and be ready for the unexpected: the Three-drawer Strategy. Once you’ve paid off expenses like your mega store cards and credit cards, it’s time […]