Author Archives:

About Oakville Advisor

Providing you Information on Real Estate, Mortgage and Financial issues that matter most to you

Video: RRSPs and paying down your mortgage.

 Drag our Leaf Icon above to your taskbar to bookmark TGAM in Internet Explorer 9. Show me how Please don’t show me this again Remind me later Paying of the Mortgage and contributing to your RRSP. Video John Heinzl offers three … Continue reading

Posted in Business, Retirement Planning, Debt, Home Equity, Mortgage, Real Estate, Video, Mortgage News | Tagged , , , , , , ,

Optimism drops as Canadians struggle to save

Canadians have managed to pay down debt in the economic downturn, but the majority feel they aren’t getting ahead financially, according to a bank study that will be released on Thursday. The RBC Consumer Outlook Index, which tracks quarterly economic … Continue reading

Posted in Business, Debt, Globe and Mail | Tagged , , ,

Draw down savings then start CPP

Sonia plans to retire when she turns 60. Her mortgage will be paid off by then and she will have substantial savings in her RRSP. Should she start her Canada Pension Plan (CPP) pension at age 60 or wait? Like … Continue reading

Posted in Retirement Planning | Tagged , ,

Banks rolling back mortgage discounts

The deep discounts seen in the Canadian mortgage market in recent weeks are beginning to evaporate, as Canadian banks pull back on the historic low rates they rolled out in January. Royal Bank of Canada (RY-T53.470.140.26%) announced Monday that it … Continue reading

Posted in Banking, Globe and Mail, Mortgage, Mortgage News | Tagged , , ,