Housing prices in Hamilton and Burlington continue to rise, even though sales continue to drop compared to 2017. The Realtors Association of Hamilton-Burlington (RAHB) reported 1,035 sales of residential properties in October 2018, a 13.1 per cent decrease from the same month last year. Overall sales are 17.7 per cent lower than last year at […]

Policies are always changing, and when you port a mortgage, a FULL application must be approved and completely underwritten with full, credit, income, property and policy review. It’s a mistake to believe that just because you already had a mortgage, you will easily get a new one. Policies and rates are changing rapidly and you […]

It wasn’t all that long ago that the prospect of buying a detached home in the City of Vancouver for under $1 million seemed like a dream from another era. The so-called “million dollar line” that used to divide Vancouver’s east and west side has now crept well into the suburbs, and back in January […]

Owning a home remains a priority for many Canadians – yet changes in the interest rate environment and high housing prices in certain markets may prompt a number of questions. How can prospective homebuyers be prepared for changes down the road? How can people in high-rent markets, such as Vancouver, for example, make sure they […]

Bank of Canada Raises Overnight Rate Target As expected the Bank of Canada raised its overnight rate .25%, banks are expected to follow. View the full report here: https://www.bankofcanada.ca/press / Key Takeaways Canada continues to attract business investment, LNG deal being finalized placed confidence in growth of the economy. Despite Tariffs Canadian exports are strong, […]

With the Bank of Canada holding rates steady this September, the same is not the case for the bond market, which impacts fixed rates. In every interest-rate market there are many factors leading to an increase and we are hoping to provide a little bit of clarity on what is happening and what it means […]

Learn about the journey of becoming the #1 Best Selling Author of The Mortgage Code.   The Mortgage Code: Angela Calla

If your mortgage is coming up for renewal, you’re probably keeping a close eye on rates. But it can be a little bewildering to see the banks offering a bunch of different rates. If you’re left wondering why, the short answer may be a little harsh. The banks offer different rates because they can, and […]

For some people, just owning one property and having a single mortgage is enough to handle. But for others, homeownership can be a gateway to owning multiple investment properties. You might be thinking: there’s no way I can turn the value of my modest home into a real estate empire. Ok, maybe not an empire, […]

The B.C. government is capping rent increases in the province at the rate of inflation, a move that will drastically cut the maximum annual rent hikes that had been allowed under the old formula. The province dropped the automatic two per cent increase in annual rental costs for renters around the province, starting next year. […]