Learning Centre

Where you live is a big decision. Here are a few things to remember as you are considering renting versus buying in Canada. To lease or to own, that is the question you'll need to face when you're planning out the next stage in your life. For those not wanting to get...

The COVID-19 pandemic keeps on creating chaos on Toronto's residential rental market, for everybody other than landlords. A recently delivered report from Padmapper shows that the average cost of a one-room apartment in Toronto is currently just $1,770 per month. This...

Debt consolidation is using one loan or credit card to pay off multiple loans or credit cards so you can simplify your debt repayment. With one balance rather than multiple ones, it ought to be simpler to take care of your obligation and, in some cases, secure a lower...

Many people wonder what means getting pre-approved for a mortgage. A pre-approval is an in-principal commitment from a mortgage provider to lend you a certain size mortgage at a particular rate. When you are pre-approved, you will be able to know the maximum amount...

Toronto's upmarket neighborhood of Yorkville has become significantly more affordable due to recent decline of property values. As indicated by a report distributed by Strata, Yorkville's condo costs have dropped over than 10% in the past year, and even more in...

There are different ways that you can improve your credit score, which includes: review your credit reports and analyze what can be amended. You can also dispute negative marks and incorrect late-payments in case you have them. Another simple way is to ask your credit...

Do you think you are ready to become a home owner and take on your first mortgage? Having a house to call it your own is a dream for many individuals. But stop renting and purchasing a house is a very important decision to make, specially if you never done it before....

A good way to start saving up money is to assess where you can cut back. Take the time to analyze your monthly income and expenses, and how you can work with them. Fixed expenses, like rent, are impossible to change, that’s why it is important to determine your...

Purchasing a home is one of the biggest investments you can take on in your life. The mortgage amount will most likely be on of the largest payments you will have to commit to monthly, and it can get even higher with the mortgage default insurance. If your loan is...

Some experts were suggesting there was a chance of a small rate drop of Bank of Canada rate after a declaration on Wednesday. Bank of Canada Deputy Governor Paul Beaudry's recommendation back in December that the Bank could take financing costs lower than its present...