4 min read

My mortgage is coming up for renewal in 2023 – how much is this going to hurt?

By Mark Bolduc on Apr 26, 2023 12:33:16 PM

If your mortgage is coming due this year, you may be wondering how much of an impact the higher interest rates will have on your finances. 
While its true that your new mortgage rate may be higher than what you were paying before, its important to remember that there are ways to manage the higher payments and still maintain your overall financial goals. 
In this blog, lets explore some steps you can take to overcome the potential of higher mortgage payments and make sure that you can still afford your mortgage and maintain your lifestyle as best as possible.

Topics: Managing Debt Personal Budget Financial Advice Mortgages Buying a home Financial Planning
3 min read

How the First Time Home Buyer Incentive can help

By Jim Risko on Sep 2, 2019 12:01:26 AM

Looking to buy your first home? You aren’t alone. Young people all over Canada are looking for a way to move on up from basement rentals. But, like many Millennials, you’re probably on a tight budget. Well, this is your lucky year! In its 2019 federal budget, the Government of Canada announced a way to help you: the First Time Home Buyer Incentive.

Topics: Mortgages Buying a home First Time Home Buyers
3 min read

Tips for First Time Home Buyers

By PenFinancial Credit Union on May 3, 2018 12:17:38 PM

5 Things you need to know before you buy your first home

Are you ready to make the leap from renter to homeowner? You’ve saved your nickels. You’ve been watching the housing market and found a neighbourhood you like. You’ve gotten tired of lugging groceries up 6 flights of stairs every time your elevator is out. Buying your first home is an exciting time. It is also a huge decision. Here are the five things you should think about before you buy.

Topics: Mortgages