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 it’s true that your new mortgage rate may be higher than what you were paying before, it’s important to remember that there are ways to manage the higher payments and still maintain your overall financial goals.
In this blog, let’s 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.
4 min read
My mortgage is coming up for renewal in 2023 – how much is this going to hurt?
Topics: Managing Debt Personal Budget Financial Advice Mortgages Buying a home Financial Planning
4 min read
I’m a millennial who grew up in Niagara. Will I ever be able to buy a home here?
The Reality
It seems that every day we read how expensive housing is becoming in Niagara and beyond.
If you’re not hearing about it as you scroll through Instagram or TikTok, you might hear from your parents or relatives about how much their home is now worth, and how you should buy a house before it’s “too late”.
Because we all have $100,000 sitting in a savings account ready for a down payment, right?
Topics: Financial Advice Buying a home First Time Home Buyers Truly Local Articles
4 min read
Planting roots in Niagara
Recent events have created an opportunity for many people to re-examine where they choose to call home. With the increase in our ability to work remotely, no longer are we tied to the big cities - so suddenly the world is our oyster. Combine this with a desire to slow down and rethink what's truly important to us, and you have the perfect motivation to pack up the kids and find your utopia.
For me, this also included packing up a horse and a couple of cats and moving to Niagara to enjoy the country life. I couldn't be happier I did it.
Topics: Buying a home Truly Local Articles
3 min read
How the First Time Home Buyer Incentive can help
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.
