
Mortgage Blog
Working For You, NOT The Banks!
Category: Personal Finance (19 posts)
Understanding your credit!
September 24, 2023 | Posted by: Andrew Wade
I have a confession to make. When I was a little boy, like many before me, I had the (ir)rational fear that there was a monster in my closet. I didn’t know what it was, but there as something th ...
read moreThree US Banks Fail and Markets Freak Out
March 15, 2023 | Posted by: Andrew Wade
US Policymakers Take Emergency Action To Protect Depositors At Failed Banks Silicon Valley Bank (SVP) had a sterling reputation among the many tech start-ups ...
read moreTrudeau Opens the Spigots for Social Spending, Income Support, and a Green Economy
April 20, 2021 | Posted by: Andrew Wade
Chrystia Freeland's First Budget is As Promised In more than two years, the first federal budget ex ...
read moreQ4 economic growth was much stronger than expected, as was the flash estimate for January '21. This could help explain why interest rates have risen so fast recently and could portend a more optimisti
March 2, 2021 | Posted by: Andrew Wade
Strong Canadian Economic Growth in Q4 and January This morning's Stats Canada release showed that eco ...
read moreCanada lost jobs in December for the first time since April as lockdowns expanded. The jobless rate edged up a tick to 8.6%, still well below the 13.7% peak in April.
January 8, 2021 | Posted by: Andrew Wade
Canadian Jobs Market Tanked in December Canadian employment fell 62,600 last month, a bit weake ...
read moreCanada's Jobs Recovery Slowed Again in November With Second Wave
December 8, 2020 | Posted by: Andrew Wade
Canada's Jobs Recovery Slowed Again in November With Second Wave The Canadian economy rebounded sharply in the thir ...
read moreCovid 19 tax update CERS
December 7, 2020 | Posted by: Andrew Wade
COVID-19 TAX UPDATE: A DETAILED REVIEW OF THE NEW CANADA EMERGENCY RENT SUBSIDY (CERS) AND LOCKDOWN SUPPORT PROGRAMS Published by Thorsteinssons LLP & Alexander Demner & ...
read moreDebt free for Christmas 2020...that is the goal!
November 17, 2020 | Posted by: Andrew Wade
Credit-Free Christmas in 5 Steps!. The holidays are a beautiful time of year, filled with sparkling lights and delicious meals and overplayed tunes. As much as these celebrations bring us joy and ha ...
read moreA Very Ambitious Throne Speech
September 24, 2020 | Posted by: Andrew Wade
Throne Speech:Canada's Response to COVID-19 Prorogation on August 18, following the resignation of Finance Minister Morneau ...
read moreHistoric Job Losses in Canada in April
May 14, 2020 | Posted by: Andrew Wade
HISTORIC JOB LOSSES IN APRIL IN CANADA AS THE ECONOMY BOTTOMS Pandemic Batters Canadian Jobs Market A Recession Like No Other The Canadian economy has been put in a medically induced coma. Neve ...
read moreHow to improve your credit
May 7, 2020 | Posted by: Andrew Wade
In order to qualify for certain mortgage and loan products, a minimum credit score is essential. Even if your score is sufficient to qualify, you might find the rates being offered will be lower than ...
read moreFlat yield curve- Good News or Buyer Beware?
April 26, 2019 | Posted by: Andrew Wade
FLAT YIELD CURVE. BEST NEWS, OR BORROWER BEWARE? A Flat Yield CurveIn our post entitled A Flat Yield Curve, we discussed the implications of a flat yield curve. At the time of the post, early summer ...
read moreThe tale of forgotten money!
February 12, 2019 | Posted by: Andrew Wade
THE TALE OF THE FORGOTTEN MONEY Ever wonder what happens to bank accounts that are inactive, forgotten about and left unclaimed? The answer to that question is that you probably haven’t. I know ...
read moreSelf employed? You need to know this about CMHC's changes to qualifying
September 24, 2018 | Posted by: Andrew Wade
CMHC CHANGES TO ASSIST SELF-EMPLOYED BORROWERS As a self-employed person myself, I was happy to hear that CMHC is willing to make some changes that will make it easier for us to qualify for a mortgag ...
read moreToys and buying a home!
September 5, 2018 | Posted by: Andrew Wade
In 2005, I was asked to do a pre-approval by a couple hoping to buy a home. I went through the application with them and pre-approved them for $320,000. They were astounded. They told me that their ba ...
read more7 For sure ways to improve you credit score NOW!
September 3, 2018 | Posted by: Andrew Wade
Have you ever wished for a simplified guide on how to actually GROW your credit score? Well today is your lucky day! We have had years of experience working with individuals who come to us with poor o ...
read moreGathering the Money for a Down Payment in Two Years or Less
June 14, 2017 | Posted by: Andrew Wade
Whether you are looking to purchase a home in the next two years or you intend to wait another five, you must find a way to save up enough money to use for a down payment. Without the money to make a ...
read moreFive Rules For Improving Your Money Management Skills
February 16, 2017 | Posted by: Andrew Wade
Money management skills are important, no matter who you are. That's because money doesn't take care of itself -- and if you don't save, invest, and spend your money wisely, you'll undoubtedly suffer ...
read moreHow to Use Debt Consolidation Loans Effectively and Safely
January 11, 2017 | Posted by: Andrew Wade
Visit almost any financial site on the web, or watch nearly any daytime TV channel, and you're likely to see advertisements promising that a consolidation loan can solve all your debt problems. There' ...
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