News
5 Things that Can Improve your Relationship with your Credit Card
Added on : 2014-11-14
5 Things that Can Improve your Relationship with your Credit Card As people develop into functioning and accountable members of society, they get all sorts of talks from well-intentioned individuals around them. The ‘exciting’ financial talk is often not one of them, which is quite unfortunate. Poor money management could lead to the end of relationships (finances are a leading cause of divorce among married couples), unnecessary expenses and a damaged credit score. This… Share
Average Home Building Costs in Ontario Canada
Added on : 2014-11-14
Ontario Home Building Costs. What does it cost to build a home today in 2012? What are some of the factors used to determine the cost per square foot? There are items you need to know before designing your new dream home. Does different house plan styles make a difference? does location of build and lot type make difference.... The most frequently asked question to us here at Rijus Home Design is: "What does it cost to build a house?" Typically, estimates are given to potential customers… Share
The top 10 mistakes new home buyers make
Added on : 2014-11-14
When Karen Somerville and her husband Alan Greenberg showed up for the pre-delivery inspection of their brand new luxury home in Ottawa they were horrified. Electricians, drywallers, plumbers and a variety of other tradespeople were still busy constructing their home and, despite assurances from the builder, the couple seriously doubted their $443,000 new build would be ready for possession in 14 days. Electrical wires hung from ceilings and stuck out from unfinished walls, appliances and cabinets… Share
Steady as she goes for Canadian housing market in 2015, says CMHC
Added on : 2014-11-13
OTTAWA – The Canada Mortgage and Housing Corp. says it expects housing starts in 2015 to be about the same as they were this year, and in line with economic and demographic trends. Horror stories from first-time homebuyers Your dream home could become a nightmare if you’re not prepared. Here are 7 pitfalls to be aware of so that your purchase doesn’t come back to haunt you. Read on The national housing agency says “some moderation is expected” in 2016. The CMHC says… Share
I did mess up’: Even the experts admit mistakes on picking a mortgage
Added on : 2014-11-13
It can’t be easy for a certified financial planner to admit this, but Ted Rechtshaffen admits he blew it on his last mortgage. Your dream home could become a nightmare if you’re not prepared. Here are the pitfalls to be aware of so that your purchase doesn’t come back to haunt you “I was wrong. I had a variable rate mortgage and in 2009 I pulled the plug and went fixed,” said the president of TriDelta Financial in Toronto, joking about how his rate was 75 basis… Share
First-time homebuyers are feeling the weight of Canada’s housing boom
Added on : 2014-11-13
Many times over the last few years, John Norquay has been stricken with pangs of anxiety over not being a homeowner. They strike when he attends housewarming parties for friends. They hit when he hears that friends bought in the condo building where he is renting and the value of the unit has already shot up. But the 35-year-old Toronto immigration and refugee lawyer graduated in 2005 with $75,000 in student debt and while he tackled his loans ahead of saving for a down payment, home prices… Share