MCAP Blog

For some homeowners, being tied to a mortgage for decades can feel like a financial burden, and you may be the type to want to speed up that timetable. If this sounds familiar, there is good news for you! There are strategies available to help you pay off your mortgage faster and become mortgage-free as soon as possible.

The journey to homeownership isn’t all that easy for many Canadians. Home prices are high throughout the country, requiring prospective buyers to accumulate large down payments in order to achieve their dreams of owning a home.

When it comes to buying a home, there are many decisions to be made. Should you buy a fixer-upper or a move-in-ready home? Is it best to buy a condo in the city or a detached home in the suburbs – or something in between? How many bedrooms is best for life right now – and in the near future?

For many Canadians, the new year is a time to reset financially – “improving my finances” is commonly a top resolution made for the year ahead. Starting the new year financially strong is a great goal and a personal objective that can be easily kept – with the right approach. Like most resolutions – such as eating better, exercising more or becoming better organized – strong personal finance management is most likely to be achieved through smart and steady progress and a realistic plan.

For many Canadians, paying down their consumer debt can be a challenging task. With the average non-mortgage consumer debt rising to record levels over the past few years, individuals may be looking for effective strategies to help decrease their debt load and improve their overall financial well-being. One of those strategies is debt consolidation.