Between having to financially balance credit cards, mortgages, and loans, many homeowners often find themselves taking on too much debt. What might surprise you is that this is quite common and by no means a bad thing, especially when you have the option to consolidate...
Since its introduction in 2018, homeowners across the nation have dealt with financial difficulties and challenges when facing Canada’s infamous mortgage stress test. So to help take the stress off any mortgage concerns you may have, the Leap Financial team has broken down exactly what...
The spring season is representative of a fresh start for you, and your financials. Use Your Home Equity To Explore New Opportunities Your home equity is the value of your home today, minus the outstanding balance on your mortgage. And while this may seem like nothing more...
To many people, the idea of taking out a loan can be a scary one. While some may fear being trapped inside a “cycle of debt” of making payments, if done strategically, a home equity loan may, in fact, prove to be financially advantageous. However,...
With coronavirus cases seemingly on an endless rise worldwide, it can become discouraging to think about how much more of the pandemic we must endure, and the subsequent effects the struggling economy may continue to have on the livelihoods of the workforce. While medical professionals...
Without surprise, with the housing market at the state it is in right now, Canadians have been moving houses a lot less over the past 3 years, which led to increases in home renovations and remodelling projects. But not all renovation investments yield equal payback. Overall remodelling...
