I once asked my social media audience a simple question: “What is the single largest prepayment penalty you have ever been charged for breaking a mortgage?” The answers were staggering. They ranged from $3,000 to a shocking $50,000. If you’re a...
I hear this argument from time to time: “Don’t refinance your mortgage to consolidate debt. It’s a trap. Mortgages are front-loaded with interest, so you’ll just restart the clock and end up paying way more in the long run.” It’s one of...
You navigated the competitive Toronto housing market, signed the purchase agreement, and started planning your move. Then, the call comes: the bank’s appraisal is lower than your purchase price. For many home buyers, this news triggers immediate panic. Does the...
If you’re a Canadian homeowner aged 55 or older, you’ve likely heard about reverse mortgages. You may be curious, but you might also be skeptical. With so much misinformation out there, it’s easy to be wary of a financial product you don’t fully understand. This guide...
How Mortgages Can Accelerate Your Wealth-Building When most people think of mortgages, they picture a long-term debt—not a tax-planning tool. But with the right strategy, your mortgage can become one of the quickest routes to growing a real estate portfolio and...
Buying your first home or even your next one can feel like a massive step. It really doesn’t have to be confusing, though. I’ve spent over 25 years helping people like you navigate complex financial decisions, and when it comes to mortgages, I’ve...
