News

All items tagged with: financing

Mortgage Stress Tests: What’s the Impact to Home Owners?

Posted: March 27, 2018 By: Evelyn Jacks By :
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, interest rates, Bank of canada, Evelyn Jacks, real estate, tax education, financial education, mortgage rates, mortgage stress test, online education, Office of the Superintendent of Financial Institutions, OSFI, home buyer roles, mortgage down payment, mortgage lenders, buying a home, home financing

Buying a home this spring or approaching a mortgage renewal? May is the busiest time of year for real estate transactions, and you will want to see your tax and financial advisor to discuss the implications of the new mortgage rules and rising interest rates on your after-tax earnings.

Debt Management Series: Home Buyers Plan

Posted: March 06, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , Debt Management, Financial Literacy, knowledge bureau, Evelyn Jacks, rrsp, tax courses, Marcia Elaschuk, online education, mortgage down payment, mortgage lenders, buying a home, home buyers plan, HPB, first time buyers, real estate purchase, financing

Do you have clients looking to buy their first home? Ensure they’re familiar with the ins and outs of the Home Buyers Plan to help them fund their purchase.

Debt Management Series: Purchasing vs. Leasing Vehicles

Posted: December 13, 2017 By : Marcia Elaschuk, DFA-Specialistâ„¢
Posted in: Strategic Thinking , Debt Management, Financial Literacy, knowledge bureau, interest rates, Evelyn Jacks, tax courses, wealth management, financial education, asset management, Marcia Elaschuk, budgeting, debt sources, debt planning, buying a car, leasing a car, car loan, financing a car purchase, financing options, credit report

In the market for a new car before year end?  Take the time to visit your tax advisor first.  He or she can take the time before the holidays to help you consider your after-tax options and evaluate the best approach to acquiring this asset; as debt management is likely part of the equation.