News

What is the Smith Maneuver? Jason Scott, Edmonton Mortgage Broker

Get More Out of Your Mortgage: The Smith Maneuver

folder_openMortgages
Did you know there’s a clever trick to get more out of your mortgage? It’s called the “Smith Maneuver,” and it’s a way to make your mortgage interest tax deductible in some cases. It works this way: Every time you pay your mortgage, a part of that payment, the “principal,”…
Read More
How Car Loans Impact Mortgages. Jason Scott, Edmonton Mortgage Broker

How Car Loans Impact Mortgages

folder_openDebt Reduction, Mortgages
Let me break down how car loans impact mortgages. There are good reasons not to get a car loan, or to keep payments small! I just bought a car—a 2009 Honda Fit complete with hail damage and rust. It’s got the best anti-theft device ever because it’s a five-speed manual,…
Read More
keyboard_arrow_up