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carrick on money
Insurance is yet another way renters save big time over owners
Rob Carrick
opinion
A new take on buying a home versus renting, based on controlling risk to your finances
Rob Carrick
Inflation, retail earnings to show how consumers are faring in this week’s Advisor Lookahead
Video2:20
Renting your property as a new homeowner can jeopardize thousands of dollars in tax benefits
A for rent sign is displayed on a house in Ottawa on Friday, Oct. 14, 2022. A new report says Canada's average asking rent reached a new record in July. THE CANADIAN PRESS/Sean Kilpatrick
Retirement without home ownership is possible. Financial advisers explain how to get started
Jean-Marie Brideau poses for a portrait outside his apartment building in Moncton, NB, on July 29, 2023. Chris Donovan/The Globe and Mail
financial facelift
Can Linda, 74, afford to give an early inheritance to her three children?
Facelift June 8, 2023. Tijana Martin/ The Globe and Mail
globe advisor weekly newsletter
How advisors can attract the next generation with financial education
Attentive senior female financial advisor smiles while listening to a young couple discuss investment planning.
Don’t let home insurance be your downfall with a fixer-upper
Construction of the first floor of Christine Lolley’s home is photographed on Feb 27, 2023. Fred Lum/The Globe and Mail. Lolley and Knezic, who are architects, their two kids and their pet Guinea pig Ginger, are currently living in the basement they renovated while the rest of the house, which was gutted, is rebuilt. After they move into the rebuilt floors, they plan to rent out the two bedroom basement apartment.
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National Bank economist considers ‘housing affordability Armageddon’
A for sale sign is shown in front of west-end Toronto homes Sunday, April 9, 2017.
Should you pay off your mortgage immediately before retiring?
Houses with real estate signs are pictured in East York, Toronto, on Tuesday, October 12, 2021. (Christopher Katsarov/The Globe and Mail)
What higher unemployment rates in second half could mean in this week’s Advisor Lookahead
Video2:18
With private mortgages on the rise, LenderBidding cuts out the middleman
Robert McLister
opinion
Parents, have you thought of selling half your home to your adult kids and then sharing the space?
Rob Carrick
How hedge funds would trade global real estate woes
FILE PHOTO: Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson/File Photo
Fed to deliver what could be last interest rate hike in this week's Advisor Lookahead
Video2:27
Should you count your home as part of your nest egg? A practical guide
Colourful houses are seen in St. John's, Sunday, June 25, 2023. THE CANADIAN PRESS/Adrian Wyld
financial facelift
Walter, 57, and Nadia, 54, have DB pensions. But can they retire soon with a $330,000 mortgage?
June 4, 2023.
globe advisor weekly newsletter
How homeowners are coping with raising interest rates when renewing mortgages
Mortgage rates may get all the headlines and attention from home buyers or those renewing their loans, but experts say with rates at their highest level in more than a decade the length of term for your mortgage also needs be a key consideration. A woman walks past the Bank of Canada headquarters in Ottawa, Wednesday, June 1, 2022. THE CANADIAN PRESS/Adrian Wyld
Advisers, brokers urge clients to plan for mortgage renewal payment shock
FILE PHOTO: A kids house is seen near a real estate sold sign in a neighbourhood of Ottawa, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo
carrick on money
What to say when friends suggest an outing you can’t afford
Rob Carrick
opinion
Mortgage rates today range from bad to horrible, but there is a sweet spot
Rob Carrick
What latest inflation data could mean for future interest rates in this week’s Advisor Lookahead
Video2:17
The Bank of Canada’s magic rate wand strikes again: Five mortgage implications
Robert McLister
carrick on money
Upsizing from a condo to a house? Mind the price gap
Rob Carrick
The latest Bank of Canada rate hike is bad news for renters and some landlords
A rental sign is seen outside a building in Ottawa, Thursday, April 30, 2020. A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month for double-digit increases.THE CANADIAN PRESS/Adrian Wyld
Another Bank of Canada interest rate hike in the cards in this week’s Advisor Lookahead
Video2:17
Government intervention keeps mortgage defaults at bay, at a cost
Robert McLister
This week’s lowest fixed and variable mortgage rates in Canada
A patio home development is shown in Sewickley, Pa., on Saturday, June 10, 2023. Even after the Federal Reserve has stopped hiking interest rates it's likely to keep borrowing rates at a peak for months to come. Consumers would still have to bear the weight of higher-cost auto loans, mortgages, credit cards and other forms of borrowing. (AP Photo/Gene J. Puskar)
Canada does not have a mortgage amortization crisis
Robert McLister
How to make the best of mortgage renewals in a challenging environment
Homebuyers and homeowners struggle with ‘obscenely’ high building costs
A housing development is seen on the edge of the Ontario Green Belt in the Greater Toronto Area of Bradford West Gwillimbury, Ontario, Canada, on May 25, 2023. A billboard at the foot of a field on the far outskirts of Toronto heralds the coming construction of new homes, while highlighting a broken promise never to permit encroachment on this vast green space, which has provoked a public outcry. (Photo by Cole BURSTON / AFP) (Photo by COLE BURSTON/AFP via Getty Images)
Inflation and real GDP for Canada to shape BoC’s policy decision in this week’s Advisor Lookahead
Video2:10
opinion
Is the problem in real estate that houses cost too much, or that people expect too much?
Rob Carrick
carrick on money
Want a bad plan for retirement? Rely on your house
Rob Carrick
Canadian retail sales to show consumers cautious but still spending in this week’s Advisor Lookahead
Video2:20
Wildfire nearby? It could complicate how much you pay for your new home
Smoke from the Tantallon wildfire rises over houses in nearby Bedford, Nova Scotia, Canada, May 28, 2023. REUTERS/Eric Martyn