With inflation slowing down here in Canada, we are starting to hear talks about the Bank of Canada no longer planning to increase our interest rates, or maybe even lowering them.
Author Archives: Sean Cooper
Let’s Dive into Leverage: Doing More with Less, the Smart Way!
If you’re a homeowner, guess what? You’re already riding the wave of leveraging someone else’s money, and I bet it’s treating you pretty darn well. So, why not keep that gravy train rolling? Maybe it’s the term “leverage” itself that freaks people out. Spoiler alert: we’re all dabbling in leverage wizardry every single day.
Banker vs. Broker: What’s the Difference and Which One is Best for You?
If you’re looking for a mortgage, you might be wondering whether you should go to a bank or a broker. Both have their pros and cons, but there are some key differences that you should know before you make a decision.
The Build Wealth Canada Podcast: Paying Less in Interest, Getting the Right Mortgage (New or Renewal), Handling the Higher Interest Rates in Canada
With the multiple interest rate hikes that we’ve been experiencing here in Canada, many Canadians have seen their monthly cashflow take a hit, whether it’s because you have a variable rate mortgage, a line of credit, or other forms of debt.
So what are your options if you’re paying more than you’d like on your interest payments, or maybe you have that mortgage coming up for renewal and you’re going to have to make that multi-thousand dollar decision on how you’re going to proceed?
The Build Wealth Canada Podcast: Rising Interest Rates, New Mortgage Rules, and Variable vs Fixed Mortgages in Canada for 2023
With the significant increase in interest rates over the past year, and with home buying and selling season right around the corner, I thought it would be great to go over the implications of this higher interest rate environment that we’re in.
Don’t get spooked by increasing rates 🎃
Welcome to the spookiest month of the year! Not just because the ghosts and ghouls come out to play, but also because we can expect yet another rate hike from the Bank of Canada in a few short weeks on October 26th. But believe it or not, I’m not back on the blog after a year long hiatus to talk about the overnight rate or its affect on variable rate mortgages today – that’s a subject that’s been getting more than enough air time.
The Burn Your Mortgage Podcast: Everything You Wanted to Know About Pre-Construction Condos with Laura Stewart
In my interview with Laura, we discuss why and how to purchase pre-construction condos, what do people need to know when signing the purchase agreement and the benefits of working with a realtor when buying pre-construction.
The Burn Your Mortgage Podcast: Everything You Wanted to Know About Real Estate Law with Mark Weisleder
In my interview with Mark, we discuss how has the legal process changed when buying a home during COVID times, some important things to know about real estate deposits and how people can complete their refinancing to take advantage of the low interest rates.
The Burn Your Mortgage Podcast: How to Break Free of the Limitations Holding You Back with Reza Khoshdel
Reza Khoshdel is on a mission to help you break free of the limitations that are holding you back from being the best version of yourself. Reza is a stock trader, a co-owner of a luxury floral boutique, and a real estate investor who strives to help people get on the path of financial freedom.
The Burn Your Mortgage Podcast – Women in Real Estate: Tips and Advice for Female Landlords and Real Estate Investors with Natasha Feghali
In my interview with Natasha, we discuss the most important part of being an investor, why women could benefit from investing and creating your own life via real estate.