It is about time for some good news to be shared regarding the housing market and the mortgage industry. Luckily, one bank has stepped in to help make that happen. … Continue Reading A “big six” bank announces a new program to help Canadians with their home financing needs
You may have seen or heard reports of pending fixed rate increases. The media loves to spread and focus on bad news more than good news. That’s the media for you, though.
This is your notice that fixed rates could go up over the next few weeks. Now that we have that out of the way, let's talk about what you should do. Personally, I am doing nothing. I am keeping all my mortgages in a variable rate. The reasons are simple.
I’m a bit of a hypocrite. Whenever I go for a haircut, the gym or even to visit my dentist there’s a tv and it’s usually tuned in to a … Continue Reading The Good News
While average mortgage size and average real estate prices have gone up, interest rates have not. They’ve actually done the opposite. And they have gone significantly lower. A $400,000 mortgage … Continue Reading How to benefit from record low interest rates
2020… It will be known as the year of the pandemic. It will also be known as a year of a record-setting real estate market. We saw records for volume … Continue Reading New Year New Outlook
From our familes to yours, wishing you the best of the season. Happy Holidays!Steve
Last week, I participated in a webinar featuring Economist Dr. Peter Andersen. While there was a lot of information covered, today I want to focus on a couple of key … Continue Reading Average inflation targeting… remember this term.
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