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What the Mortgage Stress Test Review Could Mean for You

What the Mortgage Stress Test Review Could Mean for You

by Marco Abballe | Jan 24, 2020 | Blog, Economy, Finance, Homeownership, Mortgage

In 2017, the federal government announced a set of strict mortgage qualification rules including the much-talked about, and often-debated, stress test. Implemented for federally regulated lenders, the stress test was created to help alleviate overheating housing...
Divorce and Your Mortgage – What You Need to Know

Divorce and Your Mortgage – What You Need to Know

by Marco Abballe | Jan 17, 2020 | Blog, Economy, Finance, Homeownership, Mortgage

No one enters into a marriage thinking that one day the relationship may end. Unfortunately, the startling statistic is that 38% of all marriages in Canada end in divorce. Getting married and buying a home are two of life’s most significant milestones, so the...
Tips for Avoiding Mortgage Fraud

Tips for Avoiding Mortgage Fraud

by Marco Abballe | Jan 10, 2020 | Blog, Economy, Finance, Homeownership, Mortgage

Buying a home is one of the largest financial investments of your lifetime. And while owning real estate brings with it a sense of stability, achievement and a dream come true, it’s not without a certain element of risk.    Mortgage fraud is a growing problem in...
Have You Considered a Home Equity Line of Credit?

Have You Considered a Home Equity Line of Credit?

by Marco Abballe | Jan 3, 2020 | Blog, Finance, Homeownership, Mortgage

There’s no doubt that your home is an extremely valuable investment – not only because of what it offers in terms of a place for you and your family to live, grow and prosper, but also thanks to the flexibility it provides for tapping into your ever-growing equity. ...
Tips for Finding a Profitable Investment Property

Tips for Finding a Profitable Investment Property

by Marco Abballe | Oct 18, 2019 | Blog, Finance, Homeownership, Mortgage

Historically, real estate has proven to be a sound investment option. Nowadays, with rental properties scarce and rental fees through the roof, investing in real estate could be considered a great option, especially if you cater to the right demographic in the right...
Could a Reverse Mortgage Help You Stay in Your Home?

Could a Reverse Mortgage Help You Stay in Your Home?

by Marco Abballe | Oct 11, 2019 | Blog, Finance, Homeownership, Mortgage

If you’re a Canadian homeowner who’s at least 55 years old, a reverse mortgage may be able to provide a number of solutions for you, including supplementing your current income while you continue to live in your home to help you enjoy a more fulfilling retirement....
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