Personal Finance Archives - Page 3 of 3 - Mortgage Rates & Mortgage Broker News in Canada

ETFs are wildly popular. How much of your portfolio should be in them?

September 8, 2024 No Comments

Exchange-traded funds have become wildly popular among investors, particularly young people who use do-it-yourself investing platforms that can auto-invest client money in ETFs.

Limited cash to invest? Build positions in high-flying stocks with fractional trading

August 13, 2024 No Comments

When a high-flying stock seems out of reach for investors with limited cash, fractional trading can help fulfill that dream of owning a piece of the company — one small portion at a time.

When cutting expenses isn’t enough: Experts weigh in on how to increase your income

July 29, 2024 No Comments

As many Canadians try to squeeze every last dollar out of their budget to cope with the soaring cost of living, financial experts say cutting expenses to the bone is not always a viable option and they should instead focus on increasing their income.

The hidden cost of rising debt: why checking your credit report matters more than ever

July 14, 2024 No Comments

With interest rates and borrowing costs at elevated levels, it’s more important than ever to ensure your credit report is in good standing.

Why young people keep getting caught in debt traps and how to break the cycle

July 1, 2024 No Comments

Between inflation, housing costs and interest rates, debt is ballooning for many younger Canadians.

Mortgage payments: Understanding timing and avoiding confusion

June 26, 2024 No Comments

Mortgage payments can sometimes be a tricky topic for some homeowners, leading to confusion about when payments are due and what time period they cover.

What BoC rate cut means for mortgage rates

What the Bank of Canada rate cut means for mortgages, consumer loans and investments

June 5, 2024 1 Comment

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75%, the first cut in more than four years. Here’s what it could mean for your finances.

Options to boost credit scores are growing, but principles remain the same

June 4, 2024 No Comments

Both a little opaque on how they’re calculated and sometimes painfully clear in what they say, credit scores are an unavoidable part of any borrowers’ life.

What to do if you owe taxes to the Canada Revenue Agency

Owe the tax man but can’t pay? Ignoring the problem will only make things worse

June 2, 2024 No Comments

The tax filing deadline has come and gone, and some Canadians are now facing a significant tax bill.

Personal Finance