By Betty Athanasakos, Financial Security Advisor When it comes to investing, we’ve all heard the advice “buy low sell high”. We can all agree that prices are low right now, so what do we do—invest, sell or hold off? Here are my thoughts… Jim Rohn, author and the motivational speaker would remind us to…
DetailsMortgage Payment Deferrals *Taken directly from the website of each financial institution ____________________________________________________________________________ First National Apply here: https://mymortgage.firstnational.ca/Account/PaymentDeferral?languagecode=en-ca Keeping you informed: COVID-19 Updated March 27, 2020 The health and safety of our employees and customers is of the utmost importance. As the situation around COVID-19 continues to evolve, we want to let you know…
Details* As indicated on the Government of Canada and Quebec websites as of 28/03/2020 Federal Government ______________________________________________________________ Support for individuals and families ______________________________________________________________ Increasing the Canada Child Benefit An extra $300 per child through the Canada Child Benefit (CCB) for 2019-20. This will mean approximately $550 more for the average family. This benefit will…
DetailsThe sun is coming out, and the snow is disappearing. You know what that means: it’s flood season. And because flood season is upon us, it’s time to make sure you’re covered, North East Mortgages President Terry Kilakos reminds homeowners. “What you need to do is ask specific questions,” Kilakos explained. “When you call your…
DetailsThe team at North East Mortgages would like to wish our friends the best for the holiday season! A new year brings promise but many Montreal real estate professionals agree: 2019 should not bring a foreign buyers tax for the city of Montreal. For one, this wouldn’t be enough to prevent foreign buyers from taking…
DetailsThere’s nothing quite like stepping into your dream home for the very first time. You have achieved your goal of homeownership! However, the journey from home seeker to home buyer can be challenging – unless you have a well-defined plan and guidance from the right professionals. As a mortgage broker, here’s how I will help…
DetailsRising rates & toxic debt. Just how big is the problem and what can be done about it? This is the million dollar question or should I say the $2 Trillion question. In the tail end of last year, Canadians amassed an astonishing $2 Trillion dollars of debt. Three-quarters of this debt come from mortgages, the…
DetailsSelf-employment & mortgages in many cases are like oil and water the two hardly mix as the government has put in place strict rules about who can qualify for a mortgage and who can not. In Canada and in Quebec in particular self-employment is on the rise and as such business owners are finding it…
DetailsMontreal has had enough of tax hikes! This is the message that protesters brought to Point-Claire City Hall on Sunday afternoon. Mayor Valerie Plante can dress up the hikes as she wants but the Mille rate is about to change and it will have an impact greater than what you might think. Some of the largest…
DetailsFirst Off… What’s A Reverse Mortgage? Like thousands of other canadians, maybe you’ve wondered, what is a Reverse Mortgage precisely? In short it’s a simple way for homeowners over 55 to turn up to 55% of their home into tax-free cash. It’s a loan secured against the value of the home, but unlike other loans,…
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