by Ana Costa | Dec 4, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
Determining what you can comfortably afford to spend on a home is important to define well before you head out home shopping. Otherwise, you could waste time looking at homes that stretch you outside your financial comfort zone or, worse yet, are completely beyond...
by Ana Costa | Oct 16, 2020 | Blog, Economy, Finance, Homeownership
Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work. Property taxes represent a key source of funding for municipalities...
by Ana Costa | Aug 21, 2020 | Blog, Economy, Finance, Homeownership
The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
by Ana Costa | Aug 7, 2020 | Blog, Economy, Homeownership, Mortgage
Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes. With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
by Ana Costa | Jul 17, 2020 | Blog, Economy, Finance
It’s important not to subscribe to the doom and gloom media reports about the Canadian housing market, especially in the midst of COVID-19 emergency measures. The reality is that, regardless of what you’re reading in the mainstream media, people are still...
by Ana Costa | Jul 3, 2020 | Blog, Economy, Homeownership, Mortgage
When you took out your current mortgage, you were required to make a number of key decisions, such as the type of rate you wanted – fixed or variable – the amortization period, whether it was open or closed as well as what term you wanted. A mortgage term...
