by Ana Costa | Aug 5, 2022 | Blog, Homeownership, Mortgage
As inflation soars to a 40-year high, and with interest rates expected to continue rising, many Canadians are feeling financially stretched. For those with a mortgage up for renewal, the prospect of dealing with higher mortgage payments is very real. That said, there...
by Ana Costa | Jul 15, 2022 | Announcements, Blog, Mortgage
In an effort to stabilize the economy and curtail rising inflation and hot housing markets, the Bank of Canada (BoC) has been steadily increasing interest rates – most recently on July 13th when the overnight rate rose a full percent, which was the fourth consecutive...
by Ana Costa | Jul 1, 2022 | Blog, Mortgage
Ottawa has launched the first phase of its Canada Greener Home Loan program, which offers interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home’s environmental footprint. The program provides interest-free loans...
by Ana Costa | Jun 17, 2022 | Blog, Homeownership, Mortgage
As the number of Canadians living alone continues to rise and the average size of households shrinks, the idea of the “nuclear family” as the typical Canadian household isn’t as accurate as it has been in past decades. If you’re buying a home on your own and wish to...
by Ana Costa | Jun 3, 2022 | Blog, Homeownership, Mortgage
Over the past few years, house prices have seen staggering growth, rising significantly faster than average incomes and making the dream of homeownership increasingly difficult. Rising interest rates and relentless competition are also contributing to a sizzling...
by Ana Costa | May 20, 2022 | Announcements, Blog, Mortgage
Looking to Buy a Home? Federal Budget Initiatives May Help 5 housing-related highlights from the federal budget: Tax-Free First Home Savings Account. Beginning in January 2023, this new account will allow prospective homebuyers to contribute up to $40,000 ($8,000 per...
