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Unveiling the Hidden Costs of Your Mortgage: Impact of Interest Costs
Our mortgages typically span over 25 years but are divided into terms as short as 1 to 5 years. This hides the true impact of interest costs
Neil Joseph
Jul 8, 20247 min read
8 views
0 comments


Understanding the Opportunity Cost of Homeownership
While homeownership comes with different advantages, it's crucial to grasp opportunity costs inherent in this decision and balance tradeoffs
Neil Joseph
Mar 17, 20243 min read
13 views
0 comments


10 Signs You have Too Much House
It's fine line between Homeownership and finding oneself caught in a nightmare of overextension. Having Too Much Home can be Real.
Neil Joseph
Mar 16, 20244 min read
11 views
0 comments


Understanding the Financial Impact: Is Your Home an Asset or a Liability?
The question of whether a home is an Asset, or a Liability has long been debated. However, the answer is not always either or!
Neil Joseph
Mar 16, 20247 min read
35 views
0 comments


Transform Your Mortgage into a Wealth-Building Tool
Loan Conversion leverages the tax-deductibility of investment loans to accelerate payoff of mortgage while building wealth at the same time.
Neil Joseph
Mar 16, 20243 min read
41 views
1 comment


Hidden Costs: Uncover the True Cost of your Mortgage
Canadians cannot claim tax deductions on interest paid on their home. This means that every dollar of mortgage interest is after-tax dollar.
Neil Joseph
Mar 16, 20243 min read
20 views
0 comments


What if Interest Rate on Reverse Mortgage Outpaces Price Appreciation Rate?
If interest rate on reverse mortgage outpaces price appreciation rate of the home, borrowers may find themselves facing some tough decisions
Neil Joseph
Mar 13, 20244 min read
4 views
0 comments


Is It Wise to Have a Mortgage in Retirement?
Should you carry a mortgage into retirement years, or prioritize paying it off before retiring?
Neil Joseph
Mar 12, 20243 min read
3 views
0 comments


Navigating Your Mortgage Renewal: Best Practices for Homeowners
Mortgage Renewal is an opportunity to restructure your mortgage without penalty but also has potential long term financial implications.
Neil Joseph
Mar 5, 20242 min read
13 views
0 comments


House Hacking: Is this the way to Affordable Homeownership?
In today’s era where homeownership seems like an unattainable dream for many Canadians, the concept of "house hacking" is a beacon of hope.
Neil Joseph
Feb 28, 20243 min read
11 views
0 comments
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