Dealing With High-Interest Debt?

General Angela Calla 18 Jan

Dealing with high-interest debt can be a major financial challenge for individuals, especially during this time of year. At The Angela Calla Mortgage Team, we recognize the burden that multiple debt payments can cause. Therefore, we have access to provide flexible debt consolidation solutions to help alleviate financial stress. Here are FIVE key ways our […]

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Canadian Inflation Rises to 3.4% Y/Y In December

General Angela Calla 17 Jan

A Bumpy Road To The Inflation Target Canada’s headline inflation number for December ’23 moved up three bps to 3.4%, as expected, as gasoline prices didn’t fall as fast as a year ago. These so-called base effects were also evident in the earlier US inflation data for the same month. Additional acceleration came from airfares, […]

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How to Own a Home and Save For Retirement

General Angela Calla 16 Jan

In todays cash strapped society, we all want to make the best decisions to balance out our future. How do we do that? Simple, break down the math, look at the numbers and do what’s comfortable to you.  Where you will be surprised is that what you thought to be the right way, may not be […]

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Winterizing Your Home

General Angela Calla 9 Jan

We Canadians are no strangers to the chill of the winter season! As we shift into the final few months of 2023, now is a great time to check your home before the cold front hits. Below I have included a few tips that could help you save on bills, prevent future repair costs, and […]

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Angela Calla in Zolo Canada Housing Market and Rate Predictions for 2024

General Angela Calla 2 Jan

Mortgage Rates to Drop in 2024 The biggest factor our experts use to make housing market predictions for 2024 in Canada will be interest rates. The Bank of Canada has been raising interest rates since March 2022. These higher rates have had a widespread impact across Canada. Some effects have been positive (like lowering inflation), […]

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Understanding Reverse Mortgages

General Angela Calla 19 Dec

A Comprehensive Guide to Understanding Reverse Mortgages in Canada: Designing Your Ideal Lifestyle and Debunking Myths Introduction: As Canadians embrace longer life expectancies and evolving financial goals, reverse mortgages have gained prominence as a versatile financial tool. In this comprehensive guide, we’ll explore the intricacies of reverse mortgages in Canada, shedding light on how they […]

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Debunking Canadian Mortgage Myths: What You Shouldn’t Believe

General Angela Calla 19 Dec

Debunking Canadian Mortgage Myths: What You Shouldn’t Believe Introduction: In the dynamic landscape of Canadian real estate, misinformation can circulate easily, leading to misconceptions about mortgages. As you embark on your homeownership journey or consider refinancing, it’s crucial to separate fact from fiction. In this blog post, we’ll debunk common myths surrounding Canadian mortgages, empowering […]

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Canadian Mortgage Renewal: What You Need to Know

General Angela Calla 19 Dec

Understanding Mortgage Renewal in Canada Know Your Renewal Date: Mark your calendar! Your lender will typically notify you of your mortgage renewal well in advance. It’s crucial to be aware of this date to allow ample time for preparation and decision-making.   Assess Your Financial Situation: Take a closer look at your current financial standing. […]

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Understanding Mortgage Pre-Approval: Your Key to a Successful Home Purchase

General Angela Calla 19 Dec

Embarking on the journey to homeownership is an exhilarating experience, but it comes with its fair share of financial considerations. One crucial step that can significantly enhance your homebuying journey is obtaining a mortgage pre-approval. In this guide, we’ll demystify the mortgage pre-approval process in Canada, highlighting its importance, providing insights on how to get […]

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Demystifying Canadian Mortgage Rates: A Comprehensive Guide

General Angela Calla 19 Dec

Decoding the Factors Behind Canadian Mortgage Rates Economic Factors: Mortgage rates in Canada are closely tied to the economic landscape. Factors such as inflation rates, unemployment figures, and overall economic health play a pivotal role. The Bank of Canada monitors these indicators to make decisions on the country’s benchmark interest rate, influencing mortgage rates. Fixed […]

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