13 Jul

Bank of Canada Shocks With 100 bps Rate Hike.

Economic

Posted by: Tessa Parascak

Bank of Canada Shocks With 100 bps Rate Hike. A Super-Sized Rate Hike, Signalling More To Come  The Governing Council of the Bank of Canada raised its target for the overnight policy rate by a full percentage point to 2-1/2%. The Bank is also continuing its policy of quantitative tightening (QT), reducing its holdings of […]

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4 Jul

Purchase Plus Improvements Mortgage.

Mortgage Tips

Posted by: Tessa Parascak

Purchase Plus Improvements Mortgage. When it comes to shopping for your perfect home, it can be hard to find the exact one ready to go! If you are looking into a home that requires improvements, there is a mortgage product known as Purchase Plus Improvements (PPI). This type of mortgage is available to assist buyers […]

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1 Jun

The Bank of Canada Hikes Rates Again By 50 bps.

Economic

Posted by: Tessa Parascak

The Bank of Canada Hikes Rates Again By 50 bps. Another Jumbo Rate Hike, Signalling More To Come The Governing Council of the Bank of Canada raised the overnight policy rate by a full 50 basis points once again today, marking the third rate hike this year. The two back-to-back half-point increases are without precedent, […]

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10 May

The Rate Debate.

General

Posted by: Tessa Parascak

The Rate Debate. One of the first questions that potential buyers want answered is: “What is your interest rate?” It is easy to think that this is the most important question, but there is a lot more to your mortgage contract than just the rate. And so, the rate debate continues! The rate debate is […]

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27 Apr

Benefits of Home Ownership.

Mortgage Tips

Posted by: Tessa Parascak

Benefits of Home Ownership. So, you have decided to utilize your buying power in the Canadian retail market and are looking to purchase a home – congratulations! This is a great step towards ensuring your future. As a potential homeowner, there are some amazing benefits that we think you should be aware of right out […]

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13 Apr

Out-Sized Jump In Bank of Canada Policy Rate.

Economic

Posted by: Tessa Parascak

Out-Sized Jump In Bank of Canada Policy Rate. Bank of Canada Hikes Rates by 50 BPs, Signalling More To Come  The Governing Council of the Bank of Canada raised the overnight policy rate by a full 50 basis points for the first time in 22 years. This was a widely telegraphed action that will be […]

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25 Mar

The Credit Challenge.

Mortgage Tips

Posted by: Tessa Parascak

The Credit Challenge. For most people, credit score isn’t something you spend much time thinking about. Especially if you are someone who is making good money and paying all your bills on time. When you are in that boat, it feels pretty good! But, when you miss a payment or you struggle to pay all […]

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22 Feb

5 Reasons to Invest in a Home Inspection.

General

Posted by: Tessa Parascak

5 Reasons to Invest in a Home Inspection. While home inspections might not be the most exciting part of your home buying journey, they are extremely important and can save you money and a major headache in the long run. In a competitive housing market, there can sometimes be pressure to make an offer right […]

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1 Feb

Staying Out of the Penalty Box.

Mortgage Tips

Posted by: Tessa Parascak

Staying Out of the Penalty Box. When it comes to mortgages, it is easy to focus on the rates and your current situation, but the reality is that life happens and when it does, rates won’t be the only thing that matters. First and foremost, the most important thing to remember is that a mortgage […]

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25 Jan

Renting Vs. Buying: What You Need to Know!

General

Posted by: Tessa Parascak

Renting Vs. Buying: What You Need to Know! When it comes to the Canadian housing market, there are lots of options for where to live! From renting an apartment to owning a single-family home, it all comes down to where you see yourself living and what you can afford! The beauty is, there is no […]

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