If you're a mortgage agent or you work in the financial industry and you're looking for a change, take a look at TCG Lending Centres. Here are just 5 of the reasons why you'll be happy you made the jump to the TCG team: We're a...
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...
Mortgage rules are undergoing some changes due to the current situation with Covid-19. The Canadian Mortgage and Housing Corporation (CMHC) announced changes to the eligibility rules for mortgage insurance, in the agency’s latest response to the COVID-19 pandemic. What are the new rules? The new rules...
Debt has been the most pressing issue during this COVID-19 situation. Our previous posts have addressed some of these issues from the danger of predatory lending to the help you can get from credit counselling. Managing one’s debt is extremely important. However, each case is...
More so now than ever before we see people worry about their debts. COVID-19 brought an unprecedented reality to all of us. If you are out of work as a result of the coronavirus pandemic, you have noticed by now that the bills were not...
Predatory lending is not something new and has been affecting many Canadians across the country for many years (check our previous post on this topic). However, the unprecedented financial situation caused by COVI-19 has made predatory lending easier and many Canadians are falling for...
As we are going through these unprecedented times, we’ve been seeing a lot of references to predatory lending. Many wonder what this term refers to in the world of mortgages. Essentially, predatory lending is the practice whereby a lender deceptively persuades a borrower to agree...
One of the surprising news this week was the just announced rate cut by the Bank of Canada. Since the start of the month, the rate has been cut twice. This time around the central bank’s benchmark interest rate was cut by 50 basis points...
When introduced, the stress test was in itself a cause of great stress for many prospect home buyers. Suddenly, many people were faced with the reality that they could not buy the home of their dreams due to the restrictions put in place to qualify...
Now, here’s an important question to reflect on at the beginning of every year. Once we enter a new year, one of the first things we need to worry about is tax season. This is year, the deadline to make a contribution to your RRSP...