Is It Time To Sell Your Home?

 

Is it time to sell your home?

Some good news this week for long-time homeowners, as economic data points to rising property values and the potential for tidy returns. Should would-be sellers cash in on their abodes? Should buyers drop all conditions in order to gain a competitive edge? Read on below for this week’s real estate coverage, and other personal finance headlines

StatsCan: Canadians are Richer and in Less Debt

Finally – a silver lining to Canada’s red-hot housing market! The latest Statistics Canada numbers point show national net worth has increased as a result of rising property values. And, to top it off, mortgage debt amounts also appear on the decline.

Read on for our report highlights and infographic!

Read Penelope’s Blog | Canadians are Richer and in Less Debt

How Offer Conditions Can Make You Lose in a Bidding War

When it comes to winning a bidding war, money doesn’t always talk – in fact, a lower offer free of conditions will often beat out a higher amount saddles with upon-approval or inspection requirements.

For desperate buyers, this can translate to rash decisions and unnecessary risk, as they stop at nothing to win their dream home. Here, our friends at The Housing Block break down the do’s and don’ts of offer conditions.

Read The Housing Block’s Blog | How Offer Conditions Can Make You Lose in a Bidding War

Credit Card Review: American Express Gold Rewards Card

Calling all jetsetters – looking for some of the most competitive travel perks? Turns out, one of the market’s largest sign up bonuses and comprehensive roundup of perks comes not from a travel rewards credit card – but a charge card.

Read Penelope’s Blog | American Express Gold Rewards Card

Dual Canadian-U.S. Citizens: What You Need to Know About New U.S. Tax Rules

Are you a Canadian holding dual U.S. citizenship, or an American dwelling in Canada? You may soon come under fire for non-compliance with the IRS, whether or not you owe money on U.S. taxes.

Read Rubina’s Blog | What You Need to Know About New U.S. Tax Rules

How Smartphone Telematic Apps Can Improve Your Driving

Imagine – an in-depth critique of your driving with a touch of a button. Smartphone telematics apps are growing in popularity as more drivers try out UBI auto insurance. Read on to learn more about the options available in Canada.

Read Gordon’s Blog | How Smartphone Telematics Apps Can Improve Your Driving

4 Ways to Protect Your Retirement Portfolio from Rising Rates

Rising interest rates can spell trouble for a bond-heavy retirement portfolio – yet a study finds Canadians don’t know how to protect their investments should rates rise. Here are 4 alternatives to consider when safeguarding your retirement plan.

Read Sean’s Blog | 4 Ways to Protect Your Retirement Portfolio

Is Financial Stress Following You to Work?

Is financial stress taking over your life? Many Canadians report worrying about money when they should be working… and employers are taking note. Read on for the warning signs of crippling financial stress, and how you can turn it around.

Read Andrew’s Blog | Is Financial Stress Following You to Work?

#RSMWIN!

Extended for a 2nd week!

Want to enter this week’s #RSMWIN? Answer the following Q:

Will rising interest rates be good or bad for your finances?

Post your answer on our Facebook or Tweet us at @RateSupermarket with #RSMWIN to enter for a $25 gift card!

 

 

 

Related Topics

Economic News / Mortgage News / Mortgages

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