General Trish Pigott 9 Aug
Becoming a homeowner is one of the most exciting and rewarding moments in life! While people don’t always dream of the perfect mortgage, we do grow up dreaming of a white picket fence and our dream home. Even if you imagined your dream home as a 6-bedroom mansion, we all have to start somewhere! This […]
Read MoreGeneral Trish Pigott 5 Aug
A common financial mistake that people make is not investing in their Registered Retirement Savings Plan (RRSP) or Tax-Free Savings Account (TFSA) early enough. They often don’t start contributing until later in life when they are more financially stable. The truth is, starting smaller and earlier, will be more beneficial. Your retirement fund could grow […]
Read MoreGeneral Trish Pigott 2 Aug
An investment property can be a great option if you’re looking for a way to generate additional monthly income. It can also be a great opportunity to help grow your wealth over time. We’ve summarized three key benefits of owning an investment property below. Supplement your income now and boost your future pension, creating more […]
Read MoreGeneral Trish Pigott 28 Jul
Can you believe we are already halfway through Summer?! To maximize your enjoyment for the remainder of the season, we have some great tips for staying cool AND saving money. 1. Cook in the Great Outdoors Summer is all about enjoying the sunshine, spending time with friends and family, and relaxing in your own personal […]
Read MoreGeneral Trish Pigott 26 Jul
Creating a monthly budget is the quickest way to take control of your finances and understand where your money is going. You can then review your monthly spending habits to get a snapshot of your incoming and outgoing transactions, and determine areas for improvement. Step 1: Calculate Your Income The very first step to creating […]
Read MoreGeneral Trish Pigott 19 Jul
Looking for financial advice on your personal finances? Here are five timeless recommendations: 1. Start Investing Small and Early Only around 5% of Canadians under 25 have a TFSA (Tax Free Savings Account), which means 95% have already missed out on seven years of compounded returns. Starting small could be as little as $100 month, […]
Read MoreGeneral Trish Pigott 14 Jul
Yesterday the Bank of Canada surprised all economists and financial industry professionals by an increase to the overnight target rate of 1.00%. This was in response to the continued rise of inflation across the country. Most were only predicting an increase of 0.75%, so the 1.00% was higher than expected. Here’s what you need to […]
Read MoreGeneral Trish Pigott 12 Jul
Have you found your dream home and can’t wait to check it out in person? Here are a few important things to look for when you go for a home tour. Odor: Unusual smells can indicate problems such as mold or mildew issues. Plumbing and Electrical: Check water pressure and electrical systems to ensure there […]
Read MoreGeneral Trish Pigott 7 Jul
Mortgage pre-approval means that a lender has stated (in writing) that you qualify for a mortgage. They will specify the term, interest rate and amount you qualify for based on the documentation you submitted of your current income and credit history. There are three benefits to getting a mortgage pre-approval: 1. It confirms the maximum […]
Read MoreMortgage Tips Trish Pigott 27 Jun
With the recent changes in interest rates by the Bank of Canada, variable-rate mortgage holders have started to panic. We wanted to address these concerns, to assure you that the sky is not falling. Despite what you see in the news, you do not need to panic! There is still lots of opportunity in this […]
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