Insight on today’s enormous market drop from DLC’s Chief Economist, Dr. Sherry Cooper. Markets shuddered in the face of a price war for oil and the economic fallout from the growing outbreak of coronavirus. Frightened investors poured into haven assets sending yields to unprecedented lows. Oil prices tumbled 30% after Saudi Arabia said it would […]

Canada has responded! Full commentary by DLC’s Chief Economist, Dr. Sherry Cooper Following yesterday’s surprise emergency 50 basis point (bp) rate cut by the Fed, the Bank of Canada followed suit today and signalled it is poised to do more if necessary.The BoC lowered its target for the overnight rate by 50 bps to 1.25%, […]

Big news today…shared by DLC’s Chief Economist, Dr. Sherry Cooper In a remarkable show of force, the US Federal Reserve jumped the gun on its regularly scheduled meeting on March 18 and cut the target overnight fed funds rate by a full 50 basis points (bps) to 1%-to-1.25%. This now stands well below the Bank […]

Some insight on what is happening and can be expected to happen in the markets due to the Coronavirus, from our friends at FNAT. The spread of the Coronavirus has affected equities and financial markets around the world. What the markets and the bankers are really trying to cure is fear.  And the medicine of choice […]

Could this be the year to buy? Our friends at REW have outlined the positives below.  Lower mortgage rates, lower home prices, and the rise in buyer confidence means a busy year ahead for realtors. Thinking of buying a home? Well, 2020 could be your year! Real Estate experts across the country are optimistic this […]

How do the latest changes to Canada’s mortgage stress-test affect you? Here is a great synopsis from our friends at REW. Agents and economists agree that the recently announced tweaks to Canada’s Mortgage Stress Test bring positive change to the housing industry. The new changes take effect on April 6, 2020, and will apply to insured […]

Some good clear-headed thinking from DLC’s Chief Economist Dr. Sherry Cooper. As though things weren’t volatile enough, a new wave of virus terror is wreaking havoc on global financial markets. The novel conronavirus, COVID-19, continues to spread causing panic in worldwide stock and bond markets for the seventh day. Share prices have plummetted in Asia, […]

Some great basics for first-time homebuyers from our friends at Zoocasa 1. Buyer views the home With your real estate agent, you’ll be looking at all sorts of homes on the market. Your agent will be able to guide you, finding things you might have missed—fixtures, space, closets, etc. Also, be sure not to reveal […]

Some great news that we’ve been hoping for from our friends at Zoocasa Good news is on the way for those getting into the housing market this spring – it’s going to become a bit easier to qualify for a mortgage, as changes are in store for the much-contested federal mortgage stress test. The Department of […]

During the process of buying or selling a home, your clients often learn about recommended or required repairs and upgrades. This can happen as a result of the home inspection, or you may make suggestions based on your knowledge of the local market and comparable homes. Of course, the first thing your clients want to […]