Major Setback in Canada’s January Employment Report

General Angela Calla 7 Feb

No Wonder The Bank of Canada Didn’t Hike Interest Rates Last Month Statistics Canada released the January Labour Force Survey this morning, reporting a much more extensive than expected decline in jobs last month. The Omicron shutdowns and restrictions took a much larger toll in Canada than expected, as employment fell 200,100 in January and […]

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If You’re Considering Locking in Your Variable Mortgage

General Angela Calla 26 Jan

The Bank of Canada has made their announcement to keep interest rates the same today, but we fully expect them to increase later this year. For some, this may be an opportunity for locking in your mortgage. With the current inflationary pressures, it’s very common to consider if you should lock in your variable rate […]

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Avoiding Payment Shock, Using Today’s Rates to Your Advantage

General Angela Calla 25 Jan

In this current ultra-low interest rate environment, I thought it would be a good time to remind those of you with variable-rate mortgages and balances on your lines of credit to take advantage of your current low payments NOW so that you can prepare for if or when rates begin to rise. With rates being […]

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Bank of Canada Announcement – January 2022

General Angela Calla 24 Jan

The Bank of Canada has made their announcement today to keep interest rates the same. However, it is likely that the rate will increase in the next announcement in March and most certainly this year overall. This is largely in part because of the lower economic activity during the pandemic, we are still below pre-pandemic numbers. […]

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Home Owner Grant Helps People with Property Taxes

General Angela Calla 13 Jan

B.C.’s Home Owner Grant threshold is set at $1.975 million for 2022, ensuring 92% of residential properties are covered by the grant that lowers the amount of property taxes people pay on their principal residence. Homeowners in Metro Vancouver and the Fraser Valley and Capital Regional districts may be eligible for as much as $570 for […]

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Improving Your Financial Decision

General Angela Calla 12 Jan

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 […]

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CMP Women of Influence 2021

General Angela Calla 7 Jan

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 – […]

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