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 […]
Read MoreGeneral 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 […]
Read MoreGeneral 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), […]
Read MoreGeneral 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 […]
Read MoreGeneral 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 […]
Read MoreGeneral 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. […]
Read MoreGeneral 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 […]
Read MoreGeneral 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 […]
Read MoreGeneral Angela Calla 19 Dec
Embarking on the journey to homeownership is an exciting and significant step. For first-time homebuyers in Canada, navigating the real estate landscape can be both thrilling and daunting. In this comprehensive guide, we’ll provide a roadmap tailored to first-time buyers, covering crucial topics such as down payments, government incentives, and homebuyer programs. This guide aims […]
Read MoreGeneral Angela Calla 15 Dec
The Bank of Canada Held Rates Steady and Took A More Neutral Tone It was widely expected that the Bank of Canada would maintain its key policy rate at 5% for the third consecutive time. It will continue to sell government securities (quantitative tightening) to normalize its balance sheet. Market participants weighed and measured each […]
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