How to Use the Home Buyers Plan

The Canadian Home Buyers Plan is a way to borrow from your RRSP in order to come up with a down payment for your first home.  Having bought my first home recently, I found the home buyers plan information on the Canada Revenue Agency website a bit difficult to...

Variable vs Fixed / Open vs Closed Mortgages

Buying a house and getting a mortgage can be a stressful experience – especially if you’re going through it for the first time.  With terms such as variable, fixed, closed, open, prime interest rates and many more, it can be easy to get intimidated.  Because of all...

Mortgage Broker or Big Bank- Who to Choose?

You’re lookin’ to buy a place but don’t know whether to go with a Canadian mortgage broker or with a big bank, and you want to get the best mortgage rate & best deal possible (of course, what fool wouldn’t?). Or maybe you’re already in the place of your dreams and...

The Face of Vancouver Real Estate

As a native Vancouverite I have seen this city change the most since 2010 when we hosted the Olympics and since the Canada Line (rapid transit) came about. The city is changing even more in the past year or two. Houses are being torn down and made into condos and...

Rent Versus Sell Condo: The Low Down

We’ve heard of renting versus buying calculators (such as the one from the Ontario Securities Commission Get Smarter About Money) but have we thought about renting versus selling your home (e.g. condo).  I have always liked the idea of being a landlord (my dad...