Mortgage Blog

Category: Financing (11 posts)

Understanding Capital Gains in Canada

November 11, 2024 | Posted by: Ivan Matkovic

What Are Capital Gains? Capital gains refer to the profit you earn when you sell a capital asset-such as property or investments-for more than its original purchase price. For example, if you bough ...

7 Financial Tips for People Looking to Buy an Investment Property in Canada

July 19, 2024 | Posted by: Ivan Matkovic

Investing in real estate can be a powerful way to build wealth, but it's essential to approach it with a well-thought-out strategy. Here are seven financial tips to help you purchase an investment pro ...

Tips for Improving Your Credit Score Before Applying for a Mortgage

November 1, 2023 | Posted by: Ivan Matkovic

Tips for Improving Your Credit Score Before Applying for a Mortgage For many people, buying a home is a significant milestone in their lives. However, getting approved for a mortgage is ...

Bank Of Canada Rate Update June 7, 2023

June 7, 2023 | Posted by: Ivan Matkovic

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the ...

A Six-Step, Back to Basics Financial Plan for Most Every Canadian

November 21, 2022 | Posted by: Ivan Matkovic

It's a tough time to know what the right financial move is at the moment. Interest rates are increasing, while stocks are in bearish territory. It's easy to forget that there are smart things that you ...

What are credit scores and how are they important?

September 1, 2021 | Posted by: Ivan Matkovic

A credit score is a number that shows how likely you are to pay or default on credit. It ranges from 300 to 850; the higher the number, the more creditworthy lenders deem you. Your credit history dete ...

Multi-Family Lending: What You Need To Know About Hard Money Loans

March 8, 2021 | Posted by: Ivan Matkovic

Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad ...

How Good vs Bad Debt Impacts Your Household

January 27, 2021 | Posted by: Ivan Matkovic

In order to understand the difference between good and bad debt, it's important to track your income and expenses and established saving goals for your family. Financial stability allows you to mee ...

3 Tips on How to Better Your Credit Score

December 9, 2020 | Posted by: Ivan Matkovic

Having a good credit score is of paramount essence as it affects your ability to access loans and borrow money. Your credit score rating influences the amount of mortgage you qualify for. You may ...

Strategies to Dig Yourself Out of the Debt Hole

August 26, 2019 | Posted by: Ivan Matkovic

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 he ...

Why You Need an Emergency Fund And How to Get One

August 19, 2019 | Posted by: Ivan Matkovic

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, a ...

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