If your mortgage term is coming to an end (and you’re one of millions of Canadians in that boat), you’re probably laser-focused on locking in a great rate. But while most folks automatically think about renewing, there’s another option that could seriously shift your financial game: refinancing. Let’s break it down in a way that actually makes sense—and helps you decide which move works best for you.
Tag Archives: homebuying
You Missed the Best Time to Buy—Now What?
Let’s be honest—2020 was a dream for homebuyers. Prices were lower, and mortgage rates hovered around 2.84%. But if you didn’t take the plunge, you’re not alone. Plenty of people held off, waiting for that so-called “perfect” moment.
Fast forward to today: prices have climbed, interest rates have bounced around, and some buyers are still on the sidelines. But here’s the deal—there’s no such thing as a perfect time to buy. There’s only the right time for you.
The Burn Your Mortgage Podcast: Credit Card Hacks to Maximize Your Home Renovation Rewards with Barry Choi
In my interview with Barry, we discuss moving up in the real estate market from a 2 bedroom condo to a 3 bedroom townhouse, becoming a landlord, making the most of your credit cards on home renovations and getting a mortgage as self-employed.
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.