Walking Away from Your Offer on a Home? Know the Consequences
Buying A Home / Home Ownership / Mortgages / Personal Finance / Selling Your Home

Walking Away from Your Offer on a Home? Know the Consequences

No matter your circumstance, an offer on a house is a legal contract. And by walking away from it, you could lose your initial deposit, or even be sued. But what if the appraisal value from your lender came in lower than expected? Or if your house is taking a long time to sell? Continue reading »

The Most Surprising Tip to Burn Your Mortgage Faster
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Lifestyle News / Mortgage News / Mortgages / Mortgages 101 / Personal Finance / Personal Finance News / RSM News / Savings 101 / Savings News

The Most Surprising Tip to Burn Your Mortgage Faster

High home prices got you down? Many people, particularly millennials, feel like the dream of homeownership is out of reach, especially in Toronto and Vancouver – Canada’s most expensive real estate markets. However, buying a home and being mortgage-free… Continue reading »

The New Mortgage Rules: One Month Later
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Lifestyle / Lifestyle News / Mortgage News / Mortgages / Mortgages 101 / Personal Finance / Personal Finance News / RSM News / Your Budget

The New Mortgage Rules: One Month Later

It’s been a month since the first of the new federal mortgage rules came into effect. Now, RBC has become the second of the five big banks to raise mortgage rates – effective Thursday. How else have these new rules impacted our purchasing power? Continue reading »

Canadians not taking full Advantage of Online and Mobile Banking Technology
Banking 101 / Credit Cards / Growing Your Money / Lifestyle / Personal Finance / Personal Finance News / RSM News / Savings 101 / Using Your Credit Card

Canadians not taking full Advantage of Online and Mobile Banking Technology

We love to bank online – whether through our smartphones or laptops – but we aren’t using these services to our full potential. Read on for thoughts from Amber Mac, tech expert, who says the online banking revolution is only just beginning. Continue reading »