Archive: Real Estate
New Regulations Prepayment Rights Under the Interest Act (Canada)
Canadian Government made changes to its Interest Act recently. The changes involve the addition of new regulations to “prescribed entities” class of the act. These regulations will be helpful in clarifying the issues in the prepayment rights of commercial mortgages law. The new regulations have been enabled [...]
As with other insurance policies, home insurance is a ‘just in case’ investment; by spending a comparatively small amount of money now, you can protect against having to spend large amounts of money in the future, in the event that your property is damaged. Home insurance is not mandatory by law, so you can decide [...]
With mortgage rates hovering at all-time lows, you may want to consider refinancing your home loan into a more affordable rate. If you currently have a high interest mortgage, your savings each month can fund an annual vacation for you (a real vacation, not a “staycation” close to home).
You may have [...]
We are all looking for ways to save money and get ourselves as debt free as possible, but that doesn't mean that every money saving option should be jumped on.
Alban is a personal finance writer at Home Loan Finder. He provides tips and advice on reverse mortgages
Property is considered one of the safest investments you can make to increase your asset base, and make your money work harder for you. However, this can also lead many investors into the trap of an [...]
