Mortgage Blog

Category: Financing (6 posts)

When Is Mortgage Refinancing a Bad Idea?

October 13, 2020 | Posted by: Chad Kruger

Property owners regularly refinance their homes and commercial properties. As your credit improves and you have increased equity in a property, it may make fiscal sense to refinance when interest rate ...

How Much House Can You Afford? Ask Yourself These Critical Questions to Find Out

July 24, 2019 | Posted by: Chad Kruger

It is the perennial question for every first-time homeowner. How much house can I afford? As with so many life-changing decisions, there is no one right answer to this common query, and the size of th ...

3 Simple Ways to Repair Your Credit

July 10, 2019 | Posted by: Chad Kruger

For many Canadians looking to purchase a home, bad credit scores stand in the way of getting a mortgage. Most lenders prefer your score to be 650 or higher. If they do allow for lower credit scores, i ...

3 Smart Ways to Use a Home Equity Line of Credit

March 13, 2019 | Posted by: Chad Kruger

For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always ...

Strategies to Dig Yourself Out of the Debt Hole

February 20, 2019 | Posted by: Chad Kruger

Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...

Why You Need an Emergency Fund And How to Get One

February 13, 2019 | Posted by: Chad Kruger

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...