by Tribe Financial | Nov 13, 2020 | Blog, Economy, Homeownership
There are a lot of unknown terms you’ll come across while buying a home – particularly as a first-time homebuyer. Two common payments that homebuyers sometimes use interchangeably, but are quite different, are “deposit” and “down payment”. Deposit When buying...
by Tribe Financial | Oct 23, 2020 | Blog, Economy, Finance, Homeownership
The federal government introduced a six-month Mortgage Deferral Program – which officially wrapped up September 30th – to help Canadians stay in their homes while the job market recovered from COVID-19. With the deferral program coming to an end, stress has mounted...
by Tribe Financial | Oct 16, 2020 | Blog, Economy, Finance, Homeownership
Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work. Property taxes represent a key source of funding for municipalities...
by Tribe Financial | Oct 9, 2020 | Blog, Economy, Finance, Homeownership
Often times, when you buy a property, there’s a gap between your home’s closing date and the day in which your lender withdraws your first mortgage payment from your bank account. During those in-between days, interest is accumulated on the money you owe, and a...
by Tribe Financial | Oct 2, 2020 | Announcements, Blog, Economy, Homeownership
In the simplest of times, debt has a way of creeping up and quickly causing grief in our everyday lives, not to mention the havoc it can wreak during a pandemic, creating extra stress and uncertainty. A debt consolidation mortgage is an affordable way to pay...
by Tribe Financial | Sep 25, 2020 | Blog, Economy, Finance, Homeownership, Productivity
The arrival of COVID-19 has fundamentally changed the way we live our lives – from the way we work, think, dress, shop and interact with others. As a society, we’re also spending more time in our homes than ever before. The days of leaving the house from 9 to 5,...
