Subtle differences in your mortgage term can mean big differences in payment amount and how long it takes you to pay off your mortgage. Are you aware that a variable rate mortgage (VRM) is different from an adjustable rate mortgage (ARM)? While both are tied to Prime – the key lending rate set by the […]

Interesting insight from our friends at First National. Which do you fear more, rising interest rates or increasing inflation? Inflation is running at generational highs in this country, and that is a bigger concern for Canadians than higher interest rates. Canada’s headline inflation rate – the Consumer Price Index – is currently running at just […]

Your Federal fiscal economic update from Dr. Sherry Cooper, Chief Economist for Dominion Lending.  Finance Minister Chrystia Freeland extolled the performance of the Canadian economy in response to the extraordinary support provided by the federal fiscal authorities and the Bank of Canada in the past 21 months. The economic recovery has been the second strongest […]

Need a handyman? Some great tips on finding the right one from my friends at Pillar to Post!  How To Hire A Handyman Whether it’s a big project such as a bathroom remodel, something small like putting up shelves, or repairs and routine maintenance, many homeowners turn to handymen to get the job done. Here […]

Smart tips for the holiday season from my friends at Pillar To Post, the experts in home inspection! 7 Tips For Holiday & Winter Fire Safety Taking some simple precautions around the home can help keep your family safe during the holidays, especially when it comes to decorating. Always use non-flammable decorations both indoors and […]

Lots of information and as always, fabulous insight from Kevin Skipworth, Partner/Broker and Chief Economist from Dexter Realty.  “Courage doesn’t always roar. Sometimes courage is the quiet voice at the end of the day saying ‘I will tray again tomorrow’.” Mary Anne Radmacher It’s More Like Cooling Off Supply Will Happen With More Government Measures […]

Some great insight from Dr. Sherry Cooper, Chief Economist at Dominion Lending.  Inflation Surge Is No Need For Hysteria StatsCanada today reported that consumer price inflation rose to 4.7% from year-ago levels in October, compared to 4.4% in September. This is in line with market expectations and is well below the US’s 6.2% pace reported […]

7 Steps for Mortgage Prep Step 1 – Your Credit Score Whether you qualify for a mortgage through a bank, credit union or other financial institution, you should be aiming for a credit score of 680 for at least one borrower (or guarantor), especially if you are putting under 20% down. If you are able […]

Great insight on today’s Bank of Canada announcement from my friends at First National.  Oct 27, 2021 First National Financial LP The Bank of Canada made its seventh interest rate decision of the year and for the seventh time, left its overnight benchmark unchanged at 0.25%. This low rate has been the order of the […]