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YOUNG BC FAMILY WINS $5000 FROM VERICO TO RENOVATE PURCHASE INTO DREAM HOME!
VERICO Canada and VERICO Compass Mortgage Group are pleased to announce the first winners of the VERICO Purchase Plus Improvement Contest. Dean Larson and Aaron Marsh of VERICO Compass Mortgage along with Sean Widdess, Vice President of Business Development and Jared Dreyer, Vice President of Corporate Relations, VERICO Canada, presented a cheque to winners Ryan […]
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How to be a road warrior
For many of us, exercise isn't easy. So it's no surprise that when taken out of our regular routines it's one of the first things to fall to the wayside - along with that 'strict' diet you've been following, of course! Whether you're flying or driving, at a hotel with a gym or without, here […]
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Housing Starts on stable trend says CMHC
Housing starts in Canada were trending at 183,515 units in April compared to 184,602 in March, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. “In April, the trend in housing starts was essentially stable at 183,515 units. […]
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Join in the discussions about your Canada Pension Plan
Are you one of millions who wonder how your CPP contributions are invested? This is the year to find out. On June 9, 2014, the Canada Pension Plan Investment Board (CPPIB) is inviting Canadians to join their “electronic town hall”, an interactive webcast to hear about the organization's most recent financial performance, and pose any […]
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Ways to use the equity in your home
Once you’re a homeowner, the payoff can be great. When you make a mortgage payment each month, you build equity in a place of your own. As the equity in your home grows, your financial flexibility also increases. Think of it as an extra source of financing for when the unexpected happens. An added benefit […]
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Buy a home sooner to build equity
Buying a home can be very beneficial to your finances in the long-run. This is because a home allows you to build equity. When you make a mortgage payment each month, you build equity in a place of your own (unlike renting). Equity is the difference between the value of the home and your outstanding mortgage. The […]
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Canadians are locking into Fixed Rate Mortgages (Part 2)
New homeowners looking for greater predictability A recent poll conducted by Nielsen finds that Canadians are increasingly focused on moving to fixed-rate mortgages. The poll also revealed that younger Canadians are even more likely to choose a fixed rate mortgage, with 56% of Canadians aged 25-34 saying they would lock in to a fixed rate today; the number has […]
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