Fixed or Variable Mortgage. Which is better?


I personally am a big fan of variable rates because historically also we have seen clients have saved more money when they pick variable rates. The reason is variable rates are more directly influenced by prime rates which are controlled by the bank of Canada. Whereas fixed rates, are rates projected by individual banks. Upon [...]

Buying vs Renting a House


There are two major reasons why you should own a home. On one hand you build a lot of equity without doing anything special because you are not only getting the appreciation of your house but you are also paying off your principal. Let’s say ten years ago you bought a house for $300,000, now [...]