In Michael Campbell’s November Economic Update, he talks about the good old days when only insured mortgages (those with less than 20% down) were “stress tested.” But all of that changes January 1, 2018, when all mortgages will be “stress tested.”
Stressed About the New Mortgage Stress Test? Read More »
There was a time when dad went to work, mom stayed home to raise the kids and they lived comfortably in a nice home and drove a reliable vehicle. They worked hard as a family but lived within their means, and saved for all the special times and things they wanted. But times have changed.
The “Secret” to Overcoming Household Debt May be Hiding in Plain Sight Read More »
Oh Canada! Our home and “in debt” land… Canada recently turned another year older – yay we’re 150! – but it appears that we may be lacking some of the wisdom that you would expect to come with age – specifically around household finances. In fact, according to a recent report by the Parliamentary Budget
Canadian Household Debt is Bad But There’s a Bigger Problem Read More »
When considering your physical health it may be your weight or your cholesterol level. When it comes to gauging your financial health, no figure is more important than your credit score! Unlike your weight, everyone from lenders to landlords to car dealers will know and evaluate that number if you want credit. It is used
Which 3 Digit Number is the Most Important in Your Life Read More »
If you’re planning a vacation and have heard horror stories about the risks – and consequences – of identity theft, you may be a little feeling a little anxious. Although you’re right to be concerned about identity theft, once you know about some preventative steps you can take before, during, and after your travel, you’ll see that you can have
Avoiding Identity Theft While On the Road Read More »
