Homeowners
Alex
What is a trigger rate, do I have a trigger rate, and how do I calculate my trigger rate? With interest rates rising in Canada throughout 2022, “mortgage trigger rate” is a term you’ve likely...
Perch
Buying your first property is a major financial milestone, and one you should feel incredibly proud of. Many Canadians strive to be able to call a property their very own. Especially in 2023 with...
Robert
Are you planning a move soon? Has the recession unfortunately made downsizing the right choice? Many Canadians are planning to sell their home in 2023 and move into a new one, and while Perch is here...
Ali
Are we finally near the end of the interest rate hikes? The Bank of Canada announced its 7th straight rate hike, pushing the key interest rate up half a percentage point from 3.75% to 4.25%, on...
Ali
So your mortgage term is about to end and it’s time to renew for another term. How do you do that exactly? In this article we are going to go over the basics of mortgage renewals and give you...
Alex
So, lucky homeowner, you’ve got one property and are still paying off the mortgage. But while the market’s down a second property is looking more and more appealing. You’ve done all the math...
Ali
With mortgage rates on the rise it’s less common to refinance your mortgage. However if you have specific goals in mind, you may be considering it to do something like paying off your home faster....
Ali
The Bank of Canada announced another rate hike of 50-basis points on Wednesday, October 26th, 2022 at 10:00 AM Eastern Time. In its release, the Bank of Canada cited broad based inflation, supply...
Alex
Before we begin, we want to clarify that this article presents a very brief overview of real estate taxes and your specific circumstance may differ. Please get help from a licensed accountant...
What is a mortgage assumption? A mortgage assumption is when you sell your home to a buyer and transfer your mortgage to them as well.
While admittedly not the most exciting thing to think about, retirement planning is an important part of your personal finances. For many of us, owning
What is a home equity line of credit (HELOC)? In Canada, a home equity line of credit otherwise known as a HELOC, is a line
Breaking Your Mortgage: Reasons It May Happen To “break your mortgage” means that you are trying to renegotiate the terms of your mortgage before your
Renovations In High Demand Our friends over at HomeStars recently published a Home Reno Report that concluded how Canadians in record numbers were opting to
What’s the Difference Between a Mortgage Switch and Mortgage Renewal? When you get a mortgage for the first time, you’ll typically have a 25-year amortization
