R&D Financial Tips Blog
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Should I Switch to a Fixed Rate Mortgage?
Don’t Be in a Hurry to Ditch Your Variable Rate Just Yet. The Bank of Canada’s interest rate increase of 0.5% — the largest single rate increase in decades – may have sent variable rate mortgage holders into a panic. We’ve already had many clients contact us, asking what rates are likely to do in…
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Market Update: Russian Invasion of Ukraine
*This material was provided by IA Clarington* What happened:On February 24th, 2022, Russian President Vladimir Putin declared the beginning of a “special military operation” aimed at the “demilitarization and denazification of Ukraine.” Shortly thereafter, Russian attacks began on cities across the country, including the capital city of Kyiv.
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Should I invest in a TFSA or an RRSP?
Are you looking to save for the future while getting a tax break? TFSAs and RRSPs both offer tax advantages that can help you reach your saving and investment goals. But which one is right for you?
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Six Important TFSA Questions Answered
A tax-free savings account (TFSA) lets you save extra cash for just about anything. TFSAs are highly flexible and can be used for rainy-day savings, a new home or retirement.
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RRSP Deadline – March 1st 2022
Don’t forget this important deadline! RRSP contributions for the 2021 tax year are due by March 1, 2022.
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New Year Contest
We want to help you get 2022 off to a hreat start! Just leave us a review on Google, and email a screenshot of your review to info@rdfs.ca. One lucky winner will receive a winter prize pack, consisting of some fun fall items. Hopefully we’ve earned 5 stars from you – and if we haven’t,…
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Renting vs Buying – What You Need to Know!
When it comes to the Canadian housing market, there are lots of options for where to live! From renting an apartment to owning a single-family home, it all comes down to where you see yourself living and what you can afford! The beauty is, there is no right or wrong answer when it comes to…
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First Time Home Buyer Guide
Being on the path to purchasing your first home is one of the most exciting and most rewarding moments in life! While people don’t always dream of the perfect mortgage, we do grow up thinking of a white picket fence and our dream home. Even if you imagined your dream home as a 6-bedroom mansion,…
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How to Save With a Variable Mortgage
When it comes to mortgages, the age-old question remains: “Should I go with a variable or fixed-rate?”. To make an informed decision, it is important to look at the type of buyer and the historical trends.
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Refinancing Your Home
One of the best parts about life is that it is ever-changing. This is one of the reasons that mortgages are available on short-term contracts (such as the standard 5-year) so that you can adjust your mortgage over time to best suit your needs. However, in some cases you cannot wait until the term is…
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