Make Money Count

Join us for another Episode of Make Money Count, now recorded live every Sunday at 3pm EST on 1010 Newstalk. Marcus shares his thoughts on the new qualifying stress test for Canadian mortgages, and shares his ideas on why that shouldn't be reason alone to rush into the market. Starting June 1, Canadian home-buyers will face tougher mortgage stress test rules that will decrease the buying power of most borrowers. The move, announced by the country’s banking regulator in May, was in response to an

This past weekend, your two favorite podcast hosts took the show to Newstalk 1010 Radio! In this one-hour special, we highlighted the advantages of using a mortgage broker for unbiased financial advice instead of your bank, discussed the impact of COVID-19 on the landing landscape as well as the consumer, and took incoming calls from live listeners. Have a listen to the episode HERE (link). A lot of you who have listened to previous Make Money Count episodes will already have heard a lot of the

For those of you who are analytical thinkers, we’ve got a good one for you this week! This is the episode where we show you how Cannect, as a brokerage, lender, and investment fund, can maximize value and savings for you all at once. The weighted-average cost of capital (WACC) is the net, overall rate that a borrower pays to service all of their debt. Many people come to us in messy situations with multiple existing debts. The first thing we do is calculate their WACC. By refinancing and

We have a bit of a different podcast this week. Hopefully we can shed some light on a subject that has a bit of an undeserved stigma in the lending world. Most people don’t know what really separates the A side from the B side and what can be done to move you up. We dive into these topics and more. What surprised you the most about each lending side? We may have an idea: Owning several properties is a good thing, right? Sure, but not to your bank. Owning real estate may be a great way to benefit

Inflation is coming, make sure your mortgage is ready. A Quick Guide to save money on your mortgage in the next two weeks! Last week we found out that even though we have been in a lock-down, inflation has started to creep up. Yesterday the Bank of Canada (BoC) said that they are going to start slowing down their bond purchases. These two statements are directly linked to your mortgage rate. If you haven't compared your current rate to the rates available on the market, now is the time. You can be

Is it Time to Lock In? Inflation may be taking us on a wild ride. If you operated your household finances like a country here is what you would do right now: 1) Borrow as much money as you can at as low a fixed, long term interest rate as possible; 2) Invest in ways to increase your productivity and income well into the future. This strategy increases your debt, but assuming you can invest in ways that earn income in excess of the interest you pay, your net worth will grow and at the end of the term

Cannect has been providing 5-star rated home financing solutions to Canadians and helping build equity for investors for over 5 years. With offices in Toronto and the GTA, Cannect has served thousands of borrowers and investors from Toronto, the GTA, and across Canada. If you're looking for a stable investment, take a look at the Cannect Mortgage Fund. Subscribe for more! PODCAST: =============================== Apple - Spotify - iHeart Radio - Podbean SOCIAL: =============================== ♪ -