Learning Centre

If you have poor credit, you can fix your credit score (score rating), but it can take time - even years. Because of the time involved, we prefer to talk about this process in terms of re-building or re-establishing your credit rather than simply “fixing your...

Did you know there actually can be such a thing as good debt? Many people mistakenly think all debt is bad, but there are certain types of debt that can be advantageous when it comes to your credit. Not all debt is necessarily bad or disadvantageous to your goals. For...

When you are in deep with credit card debt, paying the minimum monthly amount due only lets you scrape through from one installment to another. However, these payments will not help you clear your debt, or bring you out from the deep, dark financial hole that you may...

Your credit score is that magic number that helps you reach major milestones in your life. There are many reasons why your credit score is important. Lenders look at your credit score before approving you for credit cards, car loans, and mortgages, so you...

This spring we're seeing aggressive pricing for variable rate mortgages, while fixed home loan rates keep on being at truly low levels. Which is best choice for today’s uncertain moment? First, an update on the differences between them. With a fixed-rate mortgage,...

It's somewhat harder to qualify for home loan starting today as the government has raised the minimum financial bar that anyone applying for a mortgage must meet. Ottawa raised the level of the stress test for mortgages today, setting the new level at 5.25 percent —...

The country's federal banking regulator is tightening rules on mortgage stress tests for homebuyers with uninsured mortgages beginning June 1. The minimum qualifying rate for uninsured home loans – residential mortgages with a down payment of 20% or more – will...

The Bank of Canada made a stride towards easing pandemic stimulus back in April — the greatest yet by a significant economy — with a hawkishness that astonished numerous observers. In addition to the fact that it said it would lessen purchases of government debt...

On the off chance that you need to buy a home in 2021 without harming your wallet, you should begin glancing in the least expensive Ontario urban areas. RE/MAX has delivered its Canadian Housing Market Outlook for 2021, and it's not hopeless. As it turns out, there...

The downtown Toronto market is bouncing back following an entire year of consistent, pandemic-incited declines, and the main reason why this is happening may amaze you. Evidently, real estate professionals have seen many parents buying properties for their youngsters...