Real Estate, Houses, and Mortgage

The biggest purchase you'll ever make

Raise your hand if you’ve heard the phrase, “My home is the best investment I ever made.”. 

Now either you managed to buy a home twenty years ago in the historically ridiculous markets of Vancouver or Toronto – or you just aren’t very good at investing.

Keeping it simple

Understanding how to buy a home and how to invest in real estate are two different sides of the same coin.  While I prefer to invest in more liquid assets for the time being, there is little doubt that there is money to be made as a landlord.  And just because homes shouldn’t be classified as investments, doesn’t mean that they are irrelevant to personal finance – far from it.  In fact, it’s my opinion that it’s on this issue many Canadians cripple their personal finance plans before they even get started.

You know what is a really quick way to make sure you don’t pay yourself 10%?  To pay the bank over 40% of your pay each month for your mortgage and then wonder how you can afford to buy a coffee pot to put on those gorgeous marble counter tops you had to have.

We’ll let you know the ins and outs of getting a mortgage in Canada, some tips and tricks for buying and selling home, as well as our dabbling in real estate investment. You should also read our free ebook on How To Buy Your First Home in Canada.

tangerine

Get 2.75% interest on your savings account with Tangerine.

ideas

Most Popular Real Estate and Mortgage Articles

bank-or-broker

Mortgage broker or big banks - Which is better?

You're looking to buy a place but don't know whether to go with a Canadian mortgage broker or with a big bank...

variable-fixed-open-closed

Variable vs Fixed / Open vs Closed Mortgages

With all the different options for mortgages, things can get confusing. Get the straight answers on what all the choices really mean.

Real-estate-commissions-decoded

Real Estate Agent Commissions - Decoded

Real estate agents don't charge you a fee directly, but are they really free? Here we'll explore their commissions and how they impact your purchase or sale.

tax-deductions

Tax Deductions on Property Income in Canada

Making money with a property? There could be some money-saving tips for you buried deep in the CRA's tax code. 

port-a-mortgage-in-canada

How to Port a Mortgage in Canada

Don't want to move because of mortgage penalties? Learn all about porting your mortgage in Canada here.

pay-your-mortgage

4 Ways to Pay your Mortgage Faster

Find four of our top tips and tricks to get mortgage-free faster. Pay off sooner and save more long-term!

Additional Reading

Most Recent Posts

Wealthy  Barber

Book Review: The Wealthy Barber by David Chilton

The Wealthy Barber was lent to me by a friend who wasn't very keen on financial planning (her boyfriend gave it to her)- she hadn't finished yet. So I borrowed it. It's an easy read. It's an older book (published 1995) but it's very relevant… timeless! It's kind of a page turner in a way-…

Apple Macbook Pro

How to tell if splurges are “worth it”

So my recent big purchase, as you know, was on Boxing Day of the Macbook Pro that I semi-impulsively bought online through Future Shop.  Did I get the dreaded Boxing Day Hangover? No, I think not.  Even though I spent big bucks on the Macbook, I still think it's “worth it”. So how does one…

youngandthrifty Net Worth Update: January 2010

youngandthrifty Net Worth Update: January 2010

Speaking of New Year's resolutions, the one I had is to update my net worth monthly to keep track of where my money's going. Net Worth: January (woohoo! Up 5.8%!)

Wind mobile… is it not what it's cracked up to be?

Wind mobile… is it not what it's cracked up to be?

So Wind Mobile opened it's doors in Calgary and Toronto already for a few weeks now (as of December 16, 2009).  They're partnering up with Research in Motion (the Canadian golden child and makers of Blackberries) to offer heavily discounted Blackberries. The Big Three (Telus, Rogers, and Bell) don't seem too scared yet because Wind…

The Boxing Day Hangover

The Boxing Day Hangover

Hope everyone had a good and relaxing holiday with loved ones! This past week has been really hectic for me (hence the sporadic posting).  I was working Boxing Day and somehow managed to still spend money.  Curse those shops that open past 5pm, curse them.  Curse you, Future Shop for having an online sale! Boxing…

Automatic Millionaire

Book Review: The Automatic Millionaire by David Bach

The Automatic Millionaire was one of the first financial books I have read. David Bach is an international best seller with his books- he has multiple books that spawn off the idea of this first book (For example, Start Late Finish Rich, Smart Couples Finish Rich, The Automatic Millionaire Homeowner. The Automatic Millionaire has a…

FEATURED IN
logobar
mobile-featured
> >