Finance News

Each season there is a at least one ‘reality’ home improvement or renovation program on the TV programming.  As exciting as these shows make renovation look, real world renovating can be tough – not just physically, but financially as well. Before you get carried away by...

Step 1: Determine your maximum borrowing amount Borrowing power is the maximum amount a lender will let you borrow to finance your property purchase.  Your borrowing power is determined by considering your income and financial commitments, as well as your current savings position and your credit...

While your lender will give you a amount as the maximum you can borrow, it is essential that you determine your own borrowing capacity when searching for your new home.  The choices you make when taking out a mortgage have long lasting implications - so you...