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In January 2018, the OFSI mortgage stress test (B-20) was introduced to test a homebuyer's ability to afford their property in the event of an interest rate increase.

With more people listing their homes and resuming home searches, we saw one of the hottest June markets nationwide in a really long time.

The conditions in the resale market often precede movements in the new home segment, so let's start there. The resale market in the Greater Toronto Area (GTA) has started to pick up, and the anecdotal commentary from realtors is that demand has clearly returned.

At the beginning of June, Canada Mortgage and Housing Corp. (CMHC) announced its decision to tighten the guidelines for insured mortgages as of this month. This applies to mortgages with down payments of less than 20 per cent that require CMHC default insurance.

One of the questions we receive frequently is, "Why do I need a will?" People stammer and start, don't want to discuss it and avoid the topic completely. These days, it's more important than ever.

We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.

The COVID-19 pandemic has presented all kinds of unprecedented challenges, affecting both household finances and the global economy. During the crisis, many are considering refinancing their mortgages.

Savings rates in Canada have dropped dramatically in the last 40 years, raising concerns that we are not saving enough to have the future we dream about.

It's a new year and there are a number of tax changes that kicked in Jan. 1 that will affect your pocket book.

This is always an exciting time – to look back and learn from our mistakes, but also to set some real goals for the year ahead.