Blog

The FCT blog aims to answer your industry questions, examine current market trends and provide key information on the value of our products and services.

The FCT blog does not represent a single author or opinion. Instead, it represents the collective voice and experience of FCT’s dedicated niche experts.

What resources can help Canadians improve their financial literacy?

Nov 1st, 2019 | FCT

In 2017, 60% of Canadians failed to pass a financial literary test consisting of true and false questions. Worse still, close to 80% of the participants rated themselves as financially literate. Clearly,…

What types of claims do we pay through Home Protection Solutions?

Oct 10th, 2019 | FCT

Did you know that a new homeowner can be free from the worry of replacing major features of their home for a year or so after buying it? That’s the peace of…

Who’s responsible if a previous homeowner didn’t close a building permit?

Aug 15th, 2019 | FCT

The short answer is: the new homeowner. But if the new homeowner has title insurance, they can get the cost of work required to close the permit covered, if the municipality forces…

What to expect from a home inspection

Aug 8th, 2019 | FCT

A home inspection is a common condition on the sale of a property. It gives new homeowners peace of mind to know that a professional has checked the house from top to…

Four things to consider when buying a commercial property

Aug 1st, 2019 | FCT

Buying a commercial property can be a great investment as these properties tend to yield better financial returns compared to residential properties. But there’s also more risk for the investors. A location…

What to look out for when viewing a potential home

Jul 25th, 2019 | FCT

When you’re shopping for your dream home, it’s an exciting, but challenging time. Between a fresh coat of paint and luxurious washrooms, it’s easy to get distracted by the aesthetics. But beware…

Common reasons for claim denials

Jul 11th, 2019 | FCT

At FCT, we often look for ways to cover your claims. However, title insurance has very specific coverages and the circumstances of a claim need to fit within the covered risks set…

What you need to know before buying a home

Jul 4th, 2019 | FCT

According to the Canadian Mortgage and Housing Corporation (CMHC)’s annual Mortgage Consumer Survey, more than 1/3 of home buyers felt concerns or uncertainty about buying a home, such as unforeseen costs, finding the…

Refinancing your home? Here are five things you should consider

Jun 13th, 2019 | FCT

Refinancing is a way that many Canadians consolidate their debt to take advantage of lower interest rates and reduce the number of payments they make each month. Refinancing a mortgage allows homeowners…

Four tips to improve your credit score

May 16th, 2019 | FCT

You may be looking for a loan to buy anything from a car to a home, and only one thing stands in the way of you getting the best deal—your credit score….