Michelle McNally

A broker assists a client during the mortgage application process to determine the best payment schedules, terms and other mortgage components for their needs, including the most competitive interest rate.

Choosing the right mortgage term and amortization is a vital ingredient for a mortgage best-suited to your financial needs.

Becoming a small-scale landlord can look easy, but there’s more to it than collecting the rental cheques every month.

While there may be obvious drawbacks of cohabiting with parents again, those who live at home are set to substantially increase their savings if they remain disciplined.

House poorness falls on a spectrum of intensity. For some, not having much financial wiggle room means no vacations or new cars. For others, it’s the difference between paying the mortgage and saving for retirement.

As a new buyer, picking a home insurance policy is not like choosing other kinds of insurance; it’s a challenge to determine the exact coverage you’ll need for a home you’ve never lived in before.

Whether it’s $500 or $50,000, parents and adult children who are involved in home buying together need to get on the same page.

Reducing stress caused by mortgage debt can begin before your pre-approval, mortgage stress test or saving for your down payment.

If you have an icky credit history, or outstanding consumer debt, you’re not alone.

Even with years of financial planning, the dream of homeownership can quickly come crashing down if one cannot jump through the hoop that trips up first-time and repeat buyers alike: the mortgage stress test.