With all the recent talk about debt, stricter mortgage rules and changing interest rates, you may be wondering if buying a home this year is the right thing to do.  Having reservations is normal; after all it is probably the biggest investment that you will ever make.  It can be especially overwhelming if you are a first-time home buyer.  Here are some reasons to show you that the time may be right for you to make the move to home owner...

Your credit score is a three-digit number ranging from 300-900 that tells future lenders how risky it is to lend you money based on your history of making debt payments.

There are many misconceptions about what it takes to keep your score high. Henrietta Ross, the CEO of the Canadian Association of Credit (CACCS) helps us sort fact from fiction...

Perhaps you have heard the scuttlebutt surrounding a major lender’s newly launched “Rate Match” campaign.  Launched earlier this month, this lender is promising to match the mortgage rates of 10 Canadian financial institutions.  Sounds great, right? 

Here is a question... Why are YOU, the client, responsible for doing all of the work in order to find a better rate?  Another question would be if you are going to do the work yourself, why would you stay with this lender if you could get a better rate elsewhere?