How To Pay Off Your Mortgage In HALF The Time By Applying The 10/15 Rule
  
This recent video I posted on TikTok has received over 200,000 views and generated a lot of conversation about the power of making extra payments toward your mortgage. I'm always happy to chat and "run the numbers" to help you determine how you can pay down your mortgage faster. As we anticipate rates coming down later this year, many people are looking for ways to begin to pay down their mortgage faster, and this strategy can be a very powerful one if you can afford to do it!
Click HERE to watch the video
Federal Government Eases Some Restrictions On Non-Canadians Purchasing Property
The government is walking back some restrictions on foreigners purchasing residential property just months after the new rules came into force.
Non-Canadians on a work permit or who are authorized to work in Canada can now purchase residential property. They must have at least 183 days or more remaining on their work permit or work authorization and must purchase only one property to be eligible.
Non-Canadians and foreign businesses can now also purchase residential property if they intend to develop it. They can also purchase vacant land zoned for residential or mixed-use for any purpose.
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Win a $20 Guusto Gift Card
The first person to answer this question correctly, and follow the two steps below, will win a $20 Guusto gift card!
Question:
When your mortgage matures, you should...
A) Sign the renewal offer your existing lender sends you because you would incur a penalty if you were to leave them.
B) Reach out to your trusted mortgage professional at least 120 days BEFORE your maturity date, and have them shop the mortgage around for you to various banks and lenders to ensure that both the mortgage product and mortgage term you sign up for next is your best option. Whether that best option is with your existing lender or a new lender!
(and there is no "penalty" to leave your current lender once your mortgage has matured)
Criteria to WIN the $25 Guusto gift card:
1) Be the first person to answer the below question accurately (text or email me your answer so I can use the time stamp to determine the winner - the competition is FIERCE).
2) Share my newsletter to your social media (there is an option to "share this newsletter" at the top of the newsletter).
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