I am not a tax advisor, and if you have read some of my other articles or sections on my website, you will have noted that I always stress how important it is to obtain competent independent financial / tax advice in any area concerning the use of a mortgage when it...

Canadian Foreclosures

You probably heard a lot about U.S. foreclosures lately, but Canadian foreclosures? Actually we have a significant number in Canada, but that information has not become a mainstream news item. Mortgages north and south of the border are very different, as is the...

US Property Purchase for Canadians – A Primer

If you would like to have a pdf copy, easier to read and to print if you wish, please SEND AN EMAIL and I will send you one. THE SMALL PRINT The ‘small print’ on my website applies to this article in no small measure due to the fact that, in essence, we are talking...

What’s happening with Mortgage Rates? (archives 2012)

Greetings, I have a received a lot of calls lately regarding mortgage rates. There is a lot of attention in the media being given to the recent special offers, particularly 2.99% from BMO and I wanted to provide some clarification on the subject. Fixed mortgage rates...