The prospect of a mortgage and owing a huge sum over decades — whether you’re arranging or renewing financing on a home — can be daunting. And when you look at how much of your payments go toward the interest in the early years of your mortgage, that’s even more discouraging. Jared Ksenica, BMO’s regional vice-president for the GTA mortgage specialist sales force. Discuss with your adviser the length […]
Mortgage-free retirement is usually best Mortgage interest is technically tax deductible, but taxpayers must itemize to get the break – and fewer will, now that Congress has nearly doubled the standard deduction. Congress’ Joint Committee on Taxation estimates 13.8 million households will benefit from the mortgage interest deduction this year, […]
Family feeling: Sue Alcock is glad to have got her daughter Emma and son-in-law Jason on the housing ladder Credit: Alessandra Spairani University lecturer Sue Alcock, 50, released equity in a property to help her daughter purchase a house Getting on to the housing ladder can be tricky – particularly […]
Want to pocket an extra $1,000 each year? Here are six simple home electric upgrades that save money, make your home more comfortable and help the environment. USA TODAY Whether you give a hoot about the environment or not, it could pay to think about energy efficiency when shopping for […]
