If there is one thing we've all learned with Covid-19 is that unforeseen circumstances can show up at any time and have an impact on our finances, especially on our ability to make regular mortgage payments. With early intervention, cooperation, and a well executed plan,...
The new "normal" brought in by Covid-19, has made people question the future of real estate and whether or not they should be investing. While people might be nervous about travelling and even leaving their homes, it’s not stopping the real estate market from continuing...
This is part two of our blog on joint mortgages. After discussing the advantages and disadvantages of having a joint mortgage, we are going to address the different part of a mortgage as to how they look into a joint agreement and a non-joint agreement....
With the growing challenges couples face to buy property, in part due to houses becoming more and more expensive, more and more people are considering a joint mortgage. What is a Joint Mortgage? As the name indicates, it is a mortgage that you take out with another...
Ever since the economic halt took place due to Covid-19, many people have been considering refinancing their mortgage. Before you rush into any decision, there a few things you should consider. First and foremost, people normally refinance their mortgages because they want to switch to...
In the past, we’ve blogged about the topic of mortgage and divorce. There is also the question of how to deal with debt in a marriage. What happens to the debt each individual has before getting married? Will the individual’s debt affect the other person’s...
Since last week’s post, we’ve been contacted by people willing to know more about wage garnishment. We’ve decided to dedicate this post to the topic of garnishment in Canada when it comes to your wages. As we stated on the last post, wage garnishment is a...
As we continue our series of posts about debt and mortgage payments during this pandemic, we decided to talk about the financial support payments that have been introduced by the government of Canada. It is important to understand what CERB is all about as...
Economies have stagnated as governments around the world implemented strict measures, including social distancing and work stoppages, to halt the spread of the contagion. Mounting debt and unemployment are exacerbating the threats to Canada’s economy and financial system, as the reduction of income is particularly...
The situation created by COVID-19 is rapidly changing and new information is being delivered on a daily basis. Amid all the changes happening at the social, medical and government levels, some news that had been introduced in the month of February have now changed or...