Tom Moffat

Modern Wealth

Education EN ↓ 36 episodes

This podcast is where I teach you the strategies that actually work for building wealth in today's Canada (not what worked decades ago).

Author

Tom Moffat

Category

Education

Latest episode

Jun 26, 2026

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Episodes

11: *NEVER* Do These 10 Things When Getting a Mortgage 18.04.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom & Brandon share 10 things you should absolutely never do when getting a mortgage, because they will affect your application in a negative way.   What was discussed: → Making big purchases or opening new forms of credit. → Making risky investments or moving/changing/playing with funds and accounts. → Changing yo...

10: Bank of Canada Holds Rates Steady - When Will We See Rate Cuts? 12.04.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom & Brandon explain the recent Bank of Canada Announcement which held the variable rate, meaning still no cuts this year after multiple increases since the pandemic.   What was discussed: → Why we haven't seen any rate cuts yet and when we might see the first rate cut this year. → The influence the US has on Cana...

9: Mortgage Mistakes Canadians Need to Avoid 11.04.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom shares 5 common mortgage mistakes that cost individual Canadians thousands of dollar a year, and how you can avoid these pitfalls.   What was discussed: → Paying off your mortgage and locking into too long with fixed rates. → Understanding pre-payment privileges and mortgage porting → The co-signer trap that makes...

8: Should You Wait to Buy a Home? 3 Things to Consider 04.04.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Brandon shares 3 things to consider if you're sitting on the fence and waiting to buy, and if now could be the right time for you.   What was discussed: → Normal range of fixed rates. → Shrinking your debt. → Maximizing leverage. ***   MORTGAGE INQUIRIES 📞 Book a Call 📧 Email us→ experts@northshoregroup.ca 📝 Start a...

7: Adjustable vs Variable Rate Mortgage | What’s Best? 03.04.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom & Brandon explain the differences between two types of variable rate mortgages, adjustable and static, and what you need to consider when choosing them.   What was discussed: → What adjustable rate mortgages are. → What static (variable) rate mortgages are. → And what a "trigger rate" is and what it means if yo...

6: Should You Declare More Income to Qualify With the Banks? 02.04.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom & Brandon discuss if you should be declaring more income as an entrepreneur in order to qualify for a traditional bank mortgage, or less in order to pay less in income tax.   What was discussed: → The differences between "A" and "B" lenders. → Looking at your financial goals as a whole picture. → And why it's i...

5: MORTGAGE BROKERS EXPLAIN: How to Have the Best Credit Score 31.03.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Brandon and Tom discuss what it takes to have sparkling credit. Let this episode be your go-to resource for all things related to your personal credit.   What was discussed: → Different factors that influence your score. → Common misconceptions. → Tips, Tricks and Strategies on how to build your credit score. ***   MOR...

4: Biggest Mistakes Real Estate Investors Make with Their Taxes, with Tax Expert Cherry Chan 28.03.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom and Brandon are joined by Cherry Chan, CPA. Cherry is the Founder of Real Estate Tax Tips from Oakville, Ontario, a dedicated accounting practice for real estate investors, property managers, contractors, builders, real estate agents, and mortgage brokers. Cherry, herself a real estate investor for over 10 years, a...

3: Renewing Your Mortgage In Canada - 4 Tips 22.03.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom shares 4 things you should know if you're coming up for mortgage renewal in Canada.   What was discussed: → When you should start planning for renewal and assessing your life goals. → Mortgages features and what they mean, including porting, penalties, pre-payment privileges, and bona fide sales clauses. → And why...

2: Multiple Offers? Do This To Win The Home 22.03.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Brandon shares tips and tricks on how you can navigate multiple offers scenarios, and make sure you are the one who wins the house.   What was discussed: → Preparation and contingency plans. → Having your home ready to sell. → And how connecting with the listing agent for an "offer assist" can make you stand out. ***  ...

1: Mortgage Interest Rates In Canada | March 2024 22.03.2024

WATCH ▶️ Watch this episode on Youtube *** EPISODE DESCRIPTION In this episode, Tom shares an update on Canadian interest rates for March, 2024, and the trend he sees in them.   What was discussed: → How fixed and variable rates work. → Spreads on variable and fixed rates in different types of mortgages. → And which rates are the ones banks showcase online. ***   MORTGAGE INQUIRIES 📞 Book a Call...

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