financial literacy Archives - Page 7 of 18 - Ingrid Bjel McGaughey - Mortgage Broker

April 11, 2022 1 Comment

Don't be nervous about getting a mortgage, a broker can help! One-third of Canadians already use a mortgage broker when getting a new mortgage (source: CAAMP).   And a report from the Bank of

January 18, 2022 1 Comment

"Conditional on financing" - do I need this? When you find the condo or house of your dreams, and want to make an offer to purchase it, do you need a financing clause?

November 22, 2021 1 Comment

I work with many first-time homebuyers in Toronto, Mississauga, Oakville, and throughout Ontario.  Some have already talked to a professional of one type or another about their mortgage, others haven't. All of them seem surprised at the

December 21, 2020 6 Comments

  Minimum down payment increase - what you need to know On February 15, 2016, the minimum down payment rules changed in Canada.  On homes purchased for more than $500,000, the portion of the house price over

October 5, 2020 2 Comments

Why invest in Canadian real estate? Canadians are increasingly realizing the value of diversifying into real estate investments. This is especially true given the volatility of stock and bond markets over the last