by Peter Lirantzis | Dec 25, 2020 | Blog, Economy, Homeownership, Mortgage
When discussing mortgage payments, most people focus on the interest rate. But, it’s also important to understand how the principal balance owing on your home comes into play with your monthly mortgage payment. The ‘principal’ is the amount of money you...
by Peter Lirantzis | Nov 27, 2020 | Blog, Economy, Finance
This holiday season is shaping up to be a lot different than holidays in the past thanks to COVID-19 – and especially the second wave that has seen many areas of the country hit hard with new cases. While we’re thankful for online shopping so we can still treat...
by Peter Lirantzis | Nov 20, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
Becoming a First-Time Homebuyer & Landlord at Once In Canada, there are nearly 4.5 million adults and families who live in rental housing – representing approximately one third of total households. If you’re looking to purchase a home, particularly your...
by Peter Lirantzis | Nov 13, 2020 | Blog, Economy, Homeownership, Mortgage
There are a lot of unknown terms you’ll come across while buying a home – particularly as a first-time homebuyer. Two common payments that homebuyers sometimes use interchangeably, but are quite different, are “deposit” and “down payment”. Deposit When buying...
by Peter Lirantzis | Oct 9, 2020 | Blog, Economy, Homeownership, Mortgage
Often times, when you buy a property, there’s a gap between your home’s closing date and the day in which your lender withdraws your first mortgage payment from your bank account. During those in-between days, interest is accumulated on the money you owe, and a...
by Peter Lirantzis | Oct 2, 2020 | Blog, Economy, Homeownership, Mortgage
In the simplest of times, debt has a way of creeping up and quickly causing grief in our everyday lives, not to mention the havoc it can wreak during a pandemic, creating extra stress and uncertainty. A debt consolidation mortgage is an affordable way to pay...
