Make 2022 the year of finance by improving your financial direction from the start! Even if you are living paycheck-to-paycheck, a few changes to the way you spend and look at money can make all the difference. It’s never too late to start again and reverse course! Here are a few simple ideas to get […]

Home Equity Tax for homes over $1,000,000 as heard on CTV news – mark your calendar for February 22nd, when the budget comes out. How will this play out as an effort to cool down our Real Estate Market? The first thing that my mind falls onto is my clients who are seniors and have […]

Every year at Canadian Mortgage Professionals (CMP), a list is released distinguishing the top women in the mortgage industry in Canada. For the Women of Influence 2021 list, we see Angela among the 82 women ultimately selected out of the total nomination pool of 340.  Throughout a barnstorming year for the Canadian mortgage industry – […]

Happy New Year from the Angela Calla Mortgage Team! As we move into 2022, we wish for you and your loved ones everything you can dream of for the year ahead. We wanted to bring you an update on what you can expect in the next couple of months. You likely have already received your […]

According to the 2022 Canadian Housing Market Outlook Report from RE/MAX, steady growth is anticipated across the Canadian real estate landscape into 2022. While Canadians continue to recognize the value and investment potential of their home, market challenges (such as rising prices and limited supply) maintain their impact on local markets. It is estimated that […]

Metropolitan Composite – This measure is the weighted average of 13 major Census Metropolitan Areas (CMA) that represent Canada. This is the most common method of measuring house price values in Canada. Canadian Composite – This measure is the median average of all 1500 Forward Sortation Areas (FSA) across Canada including all major metro markets, […]

OTTAWA ─ December 17, 2021 ─ Office of the Superintendent of Financial Institutions Today, the Office of the Superintendent of Financial Institutions (OSFI) confirmed that the minimum qualifying rate for uninsured mortgages will remain the greater of the mortgage contract rate plus 2 percent or 5.25 percent. In an environment characterized by increased household indebtedness and […]