Oaken Blog

News, information, useful resources and guest writers on a wide variety of topics

2019 Federal Budget & First-Time Home Buyers

By Scott Boyd March 28, 2019

With just a few months to go before the next federal election, the 2019 budget is the government’s last opportunity to table new programs and incentives before Canadians go to the polls. read more

What To Know About Mortgage Closing Costs

By Scott Boyd August 21, 2018

When purchasing a new home, the final expenses incurred by the buyer to complete the transfer of ownership are referred to as closing costs. While total closing costs vary by region, many are common across all markets. read more

Mistakes That Can Lower Your Credit Score

By Scott Boyd July 18, 2018

Everyone knows that in order to maintain a good credit score, you must pay your bills on time. Likewise, most people know that you need to have a good credit score to be approved for loans and other forms of credit. read more

Down Payment Rules For Home Buyers

By Scott Boyd April 23, 2018

Down payments were introduced to provide stability to the mortgage market, and are a mandatory for all mortgages in Canada. read more

High Interest Savings Account Benefits

By Scott Boyd January 04, 2017

The High Interest Savings Account, or “HISA”, is often overlooked as a way to meet specific savings objectives. read more

Home Bank Q&A with our EVP of Deposits

By Scott Boyd August 31, 2016

Home Trust Company (“Home Trust”) recently announced the creation of Home Bank, along with some other minor changes for Oaken Financial. read more

2016 federal budget highlights

By Scott Boyd March 23, 2016

The 2016 federal budget released on Tuesday afternoon (March 22) introduced a number of changes, but little that would be considered a shocker. read more