Money Matters - Blog

Home Loans 101: Rates, Payments, and How to Qualify

Home Loans 101: Rates, Payments, and How to Qualify
A home is one of the biggest purchases – if not the biggest purchase – most of us make in our lifetimes. So when it comes to seeking financing for a home, we all want to get it right. 
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5 Risks of Buying an Older Home

5 Risks of Buying an Older Home
When Tom Hanks and Shelley Long took ownership of a fixer-upper in the 1986 comedy The Money Pit, they were the typical upwardly mobile young couple with aspirations of turning a rickety property into the home of their dreams. Spoiler alert for those who haven’t seen the movie, but things don’t exactly go that way.
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6 Downsizing Tips From The Pros

6 Downsizing Tips From The Pros
Whether you’re planning to move to a smaller space, or just want to get rid of years’ worth of clutter to reorganize and brighten your home, downsizing may be something you’re contemplating. 
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Does My Home Need Winterization

Does My Home Need Winterization
You might think that winterizing your home is only something you need to do if it is vacant. It is true that if you have a vacant home you should prepare it for the harsh conditions of winter, however the same is said for the home you live in as well.
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The Downside Of Downsizing

The Downside Of Downsizing
As we get older, there are a lot of great reasons to consider selling a large family home in favor of an easy-to-manage apartment or condo. After all, going smaller offers advantages that range from saving money to lessening household chores. 
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Financing A New Build While Owning A Home

Financing A New Build While Owning A Home
Many people dream of building a new home that’s customized to suit their tastes and lifestyle, but very few can do it without being financed by a mortgage lender. If you already have a mortgage on an existing house, securing a new loan can be more difficult. But not to worry; it is definitely not impossible! The key is to work with a mortgage broker who has knowledge and experience with the process. 
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6 Hidden Costs Of Building A New Home

6 Hidden Costs Of Building A New House
So you’ve decided to make your dream home a reality. Congratulations! You’ve done the research to find the perfect piece of land, hired a builder you can trust and work with, settled on plans that suit your needs and taste, and of course, determined a budget you can live with.
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How To Finance Your New Modular Home

How To Finance Your New Modular Home Prestige Homes The Portland
Are you planning on buying a brand new home? A successful project starts with getting money matters in order. Establishing a budget that you can then share with your builder will give you peace of mind and make the path towards new home ownership more pleasant. Here are some steps to consider:
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Is Building A Home A Good Investment?

Is Building A Home A Good Investment?
Buying a home is one of the biggest investment decisions you’ll ever make. Although many of us have an image of our perfect home, when the time comes to buy, most people opt for an existing one. According to the Canadian Home Builders’ Association, newly-built homes only account for about 25 per cent of all homes bought each year.
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Mortgage Brokers Vs. Bankers

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Buying a house is likely to be the most expensive purchase you’ll make in your entire life, so it’s important to thoroughly research the best ways of financing it. When you’re looking for a mortgage, you have the choice between dealing directly with your bank or going to a mortgage broker. Exploring the pros and cons of both choices will give you the information you need to make the best decision for your situation.
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12 Ideas To Save For A Down Payment

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Are you in the market for a new house, or thinking of buying one in the future? One of the first steps would be to start saving for the down payment. To qualify for a mortgage in Canada, banks require 5% minimum of the sale price as a down payment. Depending on the price of the house you want to buy that can be a substantial amount of money. 
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7 Ways To Avoid Stress When Building

Ways To Avoid Stress When Building
Building a new home can be both exciting and daunting. While it’s easy to imagine magazine-worthy images of your perfect dream home, you have probably heard more than one negative story from well-meaning friends and family about the time, work, and cost involved.
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Top 7 Benefits Of Downsizing

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A few decades ago, it was not uncommon for elderly parents to continue to live, and even die, in the same homes where they raised their children. As the adult children of these ailing parents can attest to, this is no walk in the park. Weekly visits to mow lawns and clear snow made more than one of these folks wish their parents had thought to move into a smaller abode while they were still healthy.
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