Could you pay your mortgage after a job loss? A recent survey found 4 in 10 Canadians won’t be able to. Here’s how to protect your ability to pay in a worst-case scenario.
A recent CIBC study suggests Canadian mortgage debt isn’t as dire as the Bank of Canada claims – in fact, consumers may be paying their mortgages off faster to the tune of $11 billion nationally. But do these numbers really paint an accurate picture of consumer debt in Canada? Read on for the full story.
Money Wise blogger Sean Cooper shares his secrets for buying a home – and paying a third of it off – all before turning 31! Read on to learn how he uses smart savings tactics and options like lump sum payments to achieve his goals.