Blog
May 5, 2022
10 Reasons Why Homebuyers May Not Qualify for the Best Rates
Why do homebuyers not qualify for the mortgage rate they thought they would? Here are some of the more common reasons why homebuyers who expect to qualify are later refused, or aren’t able to secure the best market rates. Click here to read the full article.
May 1, 2022
Transparency must not be optional when blind bidding for homes
Financial Post ~ April 25th, 2022 The real estate industry and the provinces are mindful that the federal government is likely to act soon on its electoral promise to ban blind bidding. Recently, Ahmed Hussen, the Minister of Housing and Diversity and Inclusion, revealed plans to unveil a Home Buyers’ […]
April 5, 2022
The divide between housing haves and have-nots is growing – will a politician exploit it?
Globe and Mail ~ March 28th, 2022 Without a blistering correction in the real estate market, a growing number of people will never own a house. Expect them to be angry about it. In fact, anger among young adults about the declining affordability of owning a home is already building. […]
March 2, 2022
Bank of Canada hikes key interest rate to 0.5%
The Bank of Canada raised its benchmark interest rate to 0.5 per cent on Wednesday, a move that’s expected to be the first of a series of small rate hikes this year in an attempt to tame inflation that has risen to its highest point in decades. It’s the first time […]
November 23, 2021
Are you in a position to accelerate retirement plans?
Real estate prices across the country have been on a tear with MLS Home Price Index benchmark prices up nationally by 13.9 percent year over year in September, according to the Canadian Real Estate Association (CREA). For those in a position to capitalize, the increase in real estate wealth offers […]
November 23, 2021
November Home Maintenance Tips
With winter quickly approaching, November is the perfect month to tackle those tedious, yet critical tasks that keep your home well maintained and moreover, safe. Here are a few home maintenance tips we recommend you tackle this November. Drain all exterior hoses. Service snowblower. Rake your leaves and clean out […]
November 23, 2021
Housing Market Reaching Record Highs in 2021
The year is not yet over, but the Canadian Real Estate Association says 2021 was the busiest year ever for Canada’s housing market, with average selling prices climbing too. In the early days of the COVID-19 pandemic, fear and uncertainty slowed the housing market to a crawl. But ever since […]
November 10, 2021
Pattie Lovett-Reid: Why reverse mortgages are something to consider, not fear
Many worry that someone could step in and take over ownership of their home, and have ongoing concerns about owing more money than your house is worth. This is due to the interest charged on the money you have borrowed, and there may be fears that if one spouse dies, […]
November 2, 2021
Surging real estate wealth is a golden opportunity for some to accelerate retirement plans
Real estate prices across the country have been on a tear with MLS Home Price Index benchmark prices up nationally by 13.9 per cent year over year in September, according to the Canadian Real Estate Association (CREA). Vancouver Island, Chilliwack, New Brunswick, Moncton and 17 Ontario real estate boards, including […]
July 23, 2021
Missed a mortgage payment? Here are next steps you should take
CTV News ~ July 21st, 2022 Amid a series of interest rate hikes implemented by the Bank of Canada over the last few months, some Canadian homeowners may be concerned about whether they’ll be able to keep up with their mortgage payments. Missed mortgage payments, otherwise known as mortgage delinquency, […]
