Archive for January 2015
6 Mortgage myths our friends and families tell us
Our family and friends mean well, but unless they’re mortgage specialists, they’re probably going to give you advice that’s more myth than fact. Here are some of the most common ones. “The market’s going to crash” We’ve been hearing this for decades now, but it still hasn’t happened. Just because well-meaning people (like parents &…
Read MoreWhen it’s time to rebuild: Using your mortgage to recover financially
Your mortgage is probably the largest debt you’ll ever take on. Signing a binding contract that instantly puts you hundreds of thousands of dollars into debt can be a daunting notion, even for those who aren’t first-time homebuyers. But taking on that debt is the only way most of us can buy a home, get…
Read MorePragmatic advice in tough financial times
We all fall on hard times. All. Of. Us. Even some of the world’s wealthiest people have made and lost fortunes. But many, facing tough times and having to start over from nothing, were able to bounce back and remake fortunes again. In today’s economy, even the formerly stable public sector here in Ottawa isn’t…
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