Blog

What is a RRSP?

  • Posted by Chris Cabel
  • On February 12, 2019
  • 0 Comments
What is a Registered Retirement Savings Plan (RRSP) ? The Government of Canada offers the Registered Retirement Savings Plan (RRSP) to Canadians as a tax deferred way to invest and grow their retirement fund.  To understand how RRSP works, we have to understand the concept of tax deferral. There is a difference between tax deferral and tax free. Tax deferral means you do not have to pay […]
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7 signs you are ready to buy a Home!

  • Posted by Chris Cabel
  • On February 4, 2019
  • 0 Comments
Here are 7 signs that you’re ready to buy your first Home… You have saved enough for the down payment You normally need to save at least 5% of the purchase price as a down payment. This payment shows that you have some of your own money invested in the house which gives the lender comfort that […]
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Dust yourself off & grab that broom – we’re diving into spring cleaning!

  • Posted by Abby LaRocque
  • On February 1, 2019
  • 0 Comments
Is anybody asking themselves, “Where did January go?” Well I’m glad I’m not the only one! Since we’re full speed ahead into the new year and almost into a new season, we wanted to share with you our tips on how to get out of that winter slump and get into the tidying spirit! If […]
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Buying your first Home? — These tips will save your life!

  • Posted by Chris Cabel
  • On January 19, 2019
  • 0 Comments
So you’re wanting to buy a new Home? That is some very exciting news. First question, are you prepared?!  We all know big-item purchases are scary. It’s expensive, you are fully committing to this household — there is no turning back without that pricey consequence. We totally get it.  The ultimate first-step is to do your research. You are […]
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New year, new ways to manage that holiday debt!

  • Posted by Chris Cabel
  • On January 11, 2019
  • 0 Comments
Congratulations! We all made it to 2019! Woohoo! We hope your holidays were spent warm, safe and in the company of family and loved ones. We also hope that you’re not drowning from all the holiday purchases such as the dinners, the appetizers, the gifts, the gift cards, the drinks, the party favours – shall […]
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Interest rates might be changing – in your favor! 

  • Posted by Chris Cabel
  • On January 9, 2019
  • 0 Comments
Is 2019 your year for a new mortgage? Looking at buying a house or maybe refinancing your current mortgage? Maybe your current 5 year mortgage is up for renewal and you’re not looking forward to what your new rate will be.  Well, there might be some short-term interest rate relief coming as soon as mid January.  The five-year Government of Canada […]
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Get a ‘turkey’ leg up on Christmas dinner this year!

  • Posted by Abby LaRocque
  • On December 17, 2018
  • 0 Comments
We are less than 2 weeks until Christmas day. What are your dinner plans? A turkey perhaps? Why not skip the Christmas Day stress by preparing your turkey the night before! Yes, it is possible! This infographic provided by The Spruce Eats illustrates all the easy steps to rule the kitchen and kill the main […]
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How to renew your mortgage in 5 smart & simple steps!

  • Posted by Chris Cabel
  • On December 11, 2018
  • 0 Comments
If you have a mortgage, you’ll be completing a mortgage renewal when your current term has finished. While most Canadians spend a lot of time and expend tons of effort shopping for an initial mortgage, the same is generally not the case when looking at mortgage renewals. So what is a mortgage renewal? Mortgages are […]
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Ignite your holiday spirit by sharing it with others!

  • Posted by Abby LaRocque
  • On December 4, 2018
  • 0 Comments
The month of December is a familiar feeling of stress and excitement that comes with the highly anticipated and quickly approaching holiday season.   Here at HomeHow, we are blessed with the opportunity to share the festivities with our families eating warm meals and giving gifts to our loved ones.   This season we are making it a priority to give […]
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The #1 misconception about mortgage financing!

  • Posted by Chris Cabel
  • On November 28, 2018
  • 0 Comments
  • mortgage broker, mortgage financing, mortgage qualification
It is a reoccurring but common misconception that you will qualify for a mortgage in the future because you have qualified for a mortgage in the past.   This is not accurate!   Do. Not. Assume. Anything.  Even if your financial situation has remained neutral or has increased, securing mortgage financing is more difficult now than it has in […]
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Congratulations on the mortgage! Now let’s get rid of it!

  • Posted by Chris Cabel
  • On November 20, 2018
  • 0 Comments
  • amortization, mortgage-free
So now that you’re a home owner, what are your next steps!? Well first, you will have to figure out exactly how you are going to get RID of that mortgage. Yes, that’s right. Now that you got it, here are 4 ways you can pay it off and be done with it!   ACCELERATE YOUR PAYMENT FREQUENCY Making the […]
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Which mortgage lender is best for you?

  • Posted by Chris Cabel
  • On November 15, 2018
  • 0 Comments
The following is a summary of the choices available for clients when looking at the four different types of lending groups. So what exactly is a lender? By simple definition, a mortgage lender provides financing for a real estate purchase hence the word lend.  Which lender is best for you will all depend on who you […]
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Growing cannabis at home? Let’s weed through those mortgage issues!   

  • Posted by Chris Cabel
  • On November 9, 2018
  • 0 Comments
  • cannabis, lending guidelines, mortgage insurance
As many of you already know, Canada just became the second country in the world to legalize marijuana for medical and recreational purposes. Of course, this historic moment in Canadian history has cannabis activists jumping for joy while others are not s-toked on the idea.   With legalization comes the realities of growing your own pot […]
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Self-employed? Here’s what you need to know about mortgages

  • Posted by Chris Cabel
  • On October 30, 2018
  • 0 Comments
Why is it so challenging for entrepreneurs to obtain a mortgage in Canada? If you’re among the 2.7 million Canadians who are self-employed, regrettably your income is not as easy to document as someone who’s traditionally employed. Since 2008, mortgage regulations in Canada have made it more challenging for those who work for themselves to […]
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What is a mortgage “refinance” and how does it affect me?

  • Posted by Chris Cabel
  • On October 29, 2018
  • 0 Comments
Refinancing a Home is one of those things where people understand what it is but have trouble explaining How it works. To put it simply, refinancing your Home allows you to access the equity you have built up, by changing the mortgage amount. Let’s say you bought a $300,000 condo and you paid 20% ($60,000) […]
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