by Glenn Maclaren | Jan 1, 2021 | Blog, Economy, Finance, Mortgage
Many of us drew a collective sigh of relief when putting 2020 behind us, concentrating on the hope for better days to come in 2021. From a financial perspective, 2020 definitely had its challenges. One of the best ways to benefit from a new year is to look at ways to...
by Glenn Maclaren | Dec 25, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
When discussing mortgage payments, most people focus on the interest rate. But, it’s also important to understand how the principal balance owing on your home comes into play with your monthly mortgage payment. The ‘principal’ is the amount of money you...
by Glenn Maclaren | Nov 27, 2020 | Blog, Economy, Finance
This holiday season is shaping up to be a lot different than holidays in the past thanks to COVID-19 – and especially the second wave that has seen many areas of the country hit hard with new cases. While we’re thankful for online shopping so we can still treat...
by Glenn Maclaren | Nov 13, 2020 | Blog, Economy, Finance, Homeownership
There are a lot of unknown terms you’ll come across while buying a home – particularly as a first-time homebuyer. Two common payments that homebuyers sometimes use interchangeably, but are quite different, are “deposit” and “down payment”. Deposit When buying...
by Glenn Maclaren | Nov 6, 2020 | Blog, Economy, Homeownership, Mortgage
How Does Skipping a Mortgage Payment Work? Many lenders provide the option for you to skip a mortgage payment each year to help alleviate those tight financial months where everything seems to come due at once. But this also may be an option to help you push...
by Glenn Maclaren | Oct 16, 2020 | Blog, Economy, Homeownership
Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work. Property taxes represent a key source of funding for municipalities...
