Rebate Blog

Is a HELOC a good idea to tap into your home’s equity?

A Home Equity Line of Credit (HELOC) lets you tap into the equity you’ve invested in your home if you’re cash strapped. You might consider this option if one partner has suddenly lost their job or fallen ill and you’re running out of savings to cover your day-to-day costs. But the HELOC isn’t the only […]

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Boomers and Millennials supporting Canada’s condo market

Toronto’s leading the charge with the number of high rise buildings in North America with 130 buildings under construction in 2014, according to a survey by Emporis. Canada’s condo market has grown in cities across Canada with homebuyers purchasing them as a cheaper option to houses that continue to rise in price and are unaffordable […]

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Multigenerational households are on the rise

In many cultures, multigenerational homes housing three or more family generations in a household are the norm. But with the effects of the recession, high rates of youth unemployment and longer life expectancies for seniors, more Canadians have opted to share one household. According to Statistic Canada’s 2011 census results, there were 362,600 multigenerational households. […]

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What to consider when buying a home

For many first-time homebuyers, the prospect of purchasing a home can be one heck of an intimidating process. With years of savings being put on the table, there are some high stakes to ensure that you get the purchase right. Millennials will face a tougher time in the housing market than their parents, according to […]

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Variable rate or fixed rate mortgage?

The Investors Group mortgage rate caused a stir when the financial services company offered a rock bottom variable mortgage rate of 1.99 per cent on a three-year term. The bold move caught the eye of multiple media outlets and spurred discussion as to whether the feds would step in once again to temper the housing […]

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Don’t let your emotions interfere in a bidding war

It’s a tough housing market out there for Canadians looking to put down money on their first home or any home really. With the average price of a home climbing to $409,708 in April, which is 7.6 per cent higher than it was this time last year, according to the Canada Real Estate Association, it’s […]

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Landlord Tax Guide for 2019

If you’re a landlord, property owner, or real estate investor, our Landlord Tax Guide for 2019 will be a valuable guide for your strategic financial planning. With a real estate investment, there’s always some tax to pay – and occasionally, it can be substantial. Legally, you can’t ignore taxes – but there are certainly ways […]

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Your Landlord Is Selling The Property. Can You Be Forced To Move Out?

If your landlord is selling the property you live in, you have certain rights during the transaction, and you have certain responsibilities. Obviously, as a tenant, you’ll have many questions to ask. When will the sale take place? Can I find a similar residence? How long do I have to make a move? Probably the […]

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