Personal Finance

Financial planners generally advise spending no more than 28% to 30% of your gross monthly income on housing. This guideline is known as the "front-end ratio" and primarily covers housing expenses like mortgage payments, property taxes, homeowner's insurance, and...

In Canada, understanding and monitoring your credit score is crucial for managing your financial health. This score, a numerical representation of your creditworthiness, impacts various aspects of your financial life, from securing loans to negotiating better terms on...

When shopping for a mortgage it is important to think like a bank. Don’t pay the loyalty penalty, get the advantage of having Allen Ehlert shop the market and get you your best mortgage

Understanding property taxes and their calculations in Canada is essential for homeowners, prospective buyers, and real estate professionals alike. Property taxes are a significant source of revenue for municipalities and directly impact local services and...

Learn what is legal and what is practised when competing for a place to rent.

Looking to buy your new home is an exciting experience. All the possibilities. You look and you look and you look. You go to open houses, have your realtor take you into house after house, then all of of sudden you walk into one house and bang it hits you, home! You...

Learn what basis points are, why they are used and their impact on the mortgage application process.

Explore the cost of utilities in Canada to manage your household expenses better. Gain insights into average rates and cost-saving strategies.

In today’s real estate market, many Canadian homebuyers don’t know about the benefits of a cash-back realtor. Imagine getting a part of the agent’s commission for every property deal. This is what cash-back home buying offers, making homes more affordable in Canada.

Discover why gifts are not generally eligible to be used as part of the down payment or source of income for people applying for a mortgage under the Net Worth Program