General Angela Calla 12 Mar
Bank of Canada reduced its policy interest rate by 25 basis points. Read the full press release HERE. Most Bank’s Prime rate will reduce to 4.95%. What This Means for You: Variable-Rate Mortgage Holders: Expect lower interest costs Adjustable-Rate Mortgage Holders: reduced monthly payments, approximately $13/month for every $100k in balance Fixed-Rate Mortgage Holders: fixed […]
Read MoreGeneral Angela Calla 25 Feb
Unlock Big Savings with CMHC Eco Plus & PTT Exemptions Are you planning to buy a home? If so, you may be eligible for CMHC’s Eco Plus program, which offers a 25% reduction in your mortgage insurance premium—either upfront or as a refund after funding, depending on the lender. We work with specific lenders who […]
Read MoreGeneral Angela Calla 25 Feb
As a medical professional in residency or your first year of practice, you already face enough challenges—finding stable housing shouldn’t be one of them. With rental shortages and high home prices, many doctors and specialists struggle to find a place to live near their workplace. The good news? Specialized mortgage programs can help you buy […]
Read MoreGeneral Angela Calla 21 Feb
With interest rates shifting and financial uncertainty on the rise, we know many Canadians are feeling anxious about their mortgage renewals. Just yesterday, we contributed to a Global News story on this very issue. I emphasized the importance of reviewing your overall finances before signing a renewal. Every situation is unique, and making the right […]
Read MoreGeneral Angela Calla 20 Feb
Purchasing a home that requires renovations can be both an opportunity and a challenge. The Purchase Plus Improvements mortgage program in Canada offers a solution by allowing homebuyers to finance both the purchase of a property and the cost of eligible renovations through a single mortgage. Here is what you need to know about this […]
Read MoreGeneral Angela Calla 4 Feb
Noone Benefits From Tariffs Despite having negotiated the current trade agreement among the U.S., Mexico, and Canada during his first administration, Donald Trump broke the terms of that treaty on Saturday. He triggered a global stock market selloff after fulfilling his threat to impose tariffs on Canada, Mexico, and China. These levies are set to […]
Read MoreGeneral Angela Calla 4 Feb
Did you know that there are now two options for eligible homeowners to access significant amounts of financial support to build secondary suites? Recent federal government annoucements speak to a program being rolled out for Spring of 2025 and the current provincial program is availabe as well. Here are the links below. Provincial Program: BC […]
Read MoreGeneral Angela Calla 4 Feb
Welcome to the January issue of my monthly newsletter! Happy New Year! This month, I wanted to take a look at what is in store for us for the housing market as we head into 2025. Plus, I have some tips to help kick your financial health into gear for the next twelve months! Scroll […]
Read MoreGeneral Angela Calla 29 Jan
Bank of Canada Cuts Policy Rate By 25 BPs The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basis point reduction, and consensus aligned with this expectation. The Federal Reserve is […]
Read MoreGeneral Angela Calla 27 Jan
In case you missed our Global News Morning segment we discussed a topic that is top of mind for many: variable and adjustable rate mortgages. In this approx. 6 minute interview we covered… -What exactly are variable and adjustable rate mortgages? -The key differences between the two. -Critical terms and factors to consider when choosing the […]
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