Avoid Costly Mistakes When Building a New Home. Building a new home is a super exciting endeavor as you opt to create the perfect space for you and your family. However, building a home is not without its costs and potential surprises… to mitigate bumps on your homebuilding journey and avoid costly mistakes, consider the […]

Pantone of the Year. As we enter the New Year, it’s always fun to reflect on the previous twelve months and take a look at what is trending as we move forward. If you’re unfamiliar with the Pantone of the Year, it is more than just a colour to paint your walls. Since 2000, the […]

Bank of Canada Holds The Overnight Policy Rate Steady at 5% For the Third Consecutive Meeting. The Bank of Canada Held Rates Steady and Took A More Neutral Tone It was widely expected that the Bank of Canada would maintain its key policy rate at 5% for the third consecutive time. It will continue to […]

In the next 2 to 3 years Canada will experience the most amount of mortgage renewals in Canadian History…. we expect to see over 5 BILLION renewals. Check out this article below to prepare Mortgage Renewal Benefits. Is your mortgage coming up for renewal? Do you know about all the incredible options renewing your mortgage […]

It’s Time to Crush Your Credit Card Blues. Although credit cards interest rates have not been affected by the recent surge in the prime lending rate, the fact remains that credit card debt is usually the most expensive debt you can have. The average is around 20% and even the so-called ‘low interest’ cards carry […]

Weaker Than Expected Jobs Report Portends No Rate Hike By BoC. The Long-Awaited Labour Market Slowdown The Canadian economy shed 6,400 jobs in July, far weaker than the 25,000 gain that was expected. The jobless rate was 5.5%, the third consecutive monthly rise. This likely improves the chances the Bank of Canada will remain on […]

Choosing Your Ideal Payment Frequency. Your payment schedule is the frequency that you make mortgage payments and ranges from monthly to bi-monthly, bi-weekly, accelerated bi-weekly or even weekly payments. Below is a quick overview of what each of these payment frequencies mean: Monthly Payments: A monthly payment is simply a single large payment, paid once […]

Market Beware: Subject Free Offers. When it comes to purchasing a home, most offers include conditions or subjects, which are requirements or criteria to be met before the sale can be finalized and the property is transferred. Some of the most common subjects include: Financing approval Home inspection Fire/home insurance protection Strata document review if […]

Strata Insurance: The Importance of Deductible Coverage. Strata insurance has been steadily rising across Canada, but many homeowners are unaware of changes to their policies. In some areas, deductibles are doubling (or even tripling!), which can result in extremely high costs if you are not updating your individual policy. To ensure that you remain up-to-date […]

June Home Sales in Canada Slowed As Prices Edged Downward. Bank of Canada June Rate Hike Spooks the Housing Market The Canadian Real Estate Association says the BoC’s surprise rate hike in early June cooled activity following a two-month solid start to the spring housing season. Home sales posted a 1.5% gain between May and […]