Archive for September 2017
What to Look for in a Used Car Dealer
If you’re thinking about buying a new car – or a new-to-you car – there are a number of important details to consider. Your budget and the type of car you want/need are both essential, but just as important is who you’re buying the car from! If you’re considering buying a used car, here are…
Read MoreA Second Mortgage That Isn’t a Mortgage? What’s the Deal?
With the most recent changes to mortgage lending/borrowing rules, those established by the Canadian Mortgage and Housing Corporation, coupled with a higher interest rate, many Canadians looking to refinance their mortgages are finding it much harder to do so than originally anticipated. While a second mortgage offers a chance to access significant equity to use…
Read MoreThe Canadian Interest Rate Went Up – What Does That Mean to You?
We’ve heard the warning for several months now: the economy is stabilizing, and Canadians have enjoyed an historically low interest rate for years, but a rate hike in inevitable. And, back in July, after months of speculation, the Bank of Canada finally raised the interest rate from 0.5% to 0.75%. This means that payments for…
Read MoreIdentifying Fraud Blog Series: Phone and Text Scams
We’re finishing off our 3 part identifying fraud series talking about phishing schemes – scams designed to steal your financial information, and ultimately your money. Over the last few years, such schemes have become increasingly common, and thousands of Canadians lose money because it has become incredibly difficult to spot a scammer. This is especially…
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