H&M Financial Blog

2016 Federal Budget

By: Jamie Golombek, CPA,CA,CFP,CLU,TEP| March 22,2016
Reposted with permission Renaissance Investments


The March 22, 2016 federal budget (“Budget 2016”) included a number of tax measures that will impact Canadian taxpayers. This report, which was prepared from within the budget lock-up in Ottawa, will focus on the tax measures that are of most interest to individuals and small business owners. To review the full […]

New mortgage rules kick in as Ottawa looks to cool Toronto, Vancouver markets

Homebuyers must now put at least 10% down on the portion of a home that costs more than $500,000

By Alexandra Posadzki | February 16, 2016 07:30
Source: The Canadian Press -Investment Executive

Canadians looking to buy homes between $500,000 and $1 million will have to put down larger down payments as new federal rules took effect Monday.

Under the changes, homebuyers must […]

House Over $500,000? New Downpayment rules in February


Reprinted with permission:  Hein Moes Mortgage Consultant 250.480.0646 website: http://www.heinmoesmortgages.com/  – Invis Canada’s Mortgage Experts

On February 15, 2016, minimum downpayment rules are changing in Canada – for homes worth more than $500,000. The change is straightforward: for any portion of the house price over $500,000, buyers will need to provide 10% downpayment for an insured mortgage. The minimum downpayment for […]

Spotlight on Business – Nest eggs endure at Hatch & Muir

The following post is courtesy of Brian Kieran at www.betterthan50.com

More than 75 per cent of Hatch & Muir clients are 55 and older. Senior partner Robin Muir, a 30-year financial management veteran, says there’s a reason for that. “These folks know we’re going to be there for them with continuity and a personalized approach to managing their retirement security,” he tells Betterthan50.com.

Seniors cross […]

Ten Great Reasons to use a Mortgage Broker

Courtesy of Hein Moes, Mortgage Consultant, Invis

For many Canadians, mortgage payments are their single biggest expense. Yet most don’t comparison shop to ensure they’re getting the best mortgage rate and terms available, which can cost tens of thousands of dollars over their mortgage years. Don’t make the same mistake! Here are 10 reasons why you need a mortgage broker working […]