Every now and then we see a mortgage stat that’s a jaw-dropper. This finding from Manulife Bank is one of them. It suggests there are a lot more people with money to burn than one might expect. Manulife recently surveyed 1,000 Canadian homeowners between the ages of 30 to 59. Among respondents with a mortgage,...Read More

So, you’ve decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, especially if your financial history is anything less than perfect. However, you shouldn’t let a few denials get...Read More

If you want to make it easier to get an auto loan, mortgage, or new credit card account, you need to maintain a good credit score. It’s easy to do so, particularly if you follow the tips presented here. Paying Your Bills on Time Even a single late payment can affect your credit score adversely,...Read More

A lot of emotions are involved when preparing to apply for your first mortgage, including excitement, apprehension, joy, and dread. If you do the necessary preparation before diving into the home-buying process, you will experience less stress and fewer concerns. Things have changed since your parents bought their first home, and it’s important for the...Read More

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, and more than half would have trouble coming up with $1,000 on short notice. That lack of savings puts them at...Read More

Selling your home is a big decision, and you want to make sure everything is just right before you put the property on the market. For years, you have looked at your home through the eyes of a proud owner. Now, you must look at the property with the discerning gaze of a would-be buyer....Read More

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance at today’s low interest rates. With interest rates this low, you owe it to yourself to at least give refinancing a...Read More

Before you start shopping for a new home, you’ll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not be what you can actually afford, based on your personal situation. Only you can decide...Read More

Making money in any real estate venture is a difficult task, and many people don’t have the skills (or the stomach) for flipping houses. An alternative to this intrinsically risky activity is to purchase a property for the long term and rent it out. These types of income properties are becoming more and more common...Read More

Debt. It’s something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can help you get your debt out of a seemingly unmanageable situation; it’s just a matter of choosing the right one for...Read More