top of page
BLOG
Search
Good News on the Inflation Front in December
The Consumer Price Index (CPI) rose 6.3% year over year in December, down from the 6.8% pace in November. Much of the decline was owing...
New protective measures for buyers
On January 1, 2023 amendments to British Columbia’s Property Law Act will come into effect, establishing the Home Buyer Recission Period...
Ensuring housing market remains available to Canadians
The Prohibition on the Purchase of Residential Property by Non-Canadians Act prevents non-Canadians from buying residential property in...
Property taxes explained
This tax season I’ve got a lot of question about Property Tax payment via bank. Here are a couple things to remember when you process...
Building Your Own Home? 5 Things to Consider
CHBS list will confirm:
- if builder is licensed and on what conditions
- if had any warranty claims
how many homes they build and where.
Bank of Canada Holds Rates and QE Steady
The Bank of Canada left the benchmark overnight policy rate unchanged at 0.25% and maintained its current pace of GoC bond purchases at...
Bank of Canada Confirms Commitment To Low Interest Rates
Despite the good news on the vaccine front since the Governing Council's last meeting in late October, the Bank of Canada reasserted its...
Making Your Finances Work For YOU in 2021
As we near the end of the year, you are probably thinking about your plans for 2021. Scroll down for some great resolutions for your...
Canadian Home Sales and Prices Set Another Record High in September
Today's release of September housing data by the Canadian Real Estate Association (CREA) shows national home sales rose 0.9% on a...
Bank of Canada Holds Target Rate Steady Until Inflation Sustainably Hits 2%
The Bank of Canada under the new governor, Tiff Macklem, wants to be "unusually clear" that interest rates will remain low for a very...
Astonishing Fiscal Red Ink Announced Today
Finance Minister Bill Morneau presented his fiscal snapshot this afternoon. Most economists were expecting a budget deficit of roughly...
Advantages of a pre-approval
Getting pre-approved can be a vital step to the home-buying process! A pre-approval usually specifies a term, interest rate and mortgage...
Bank of Canada Takes A More Positive Tone
While the degree of uncertainty remains high, there is evidence that the worst of the economic downturn is behind us.
CMHC Makes It More Difficult To Get An Insured Mortgage
Once again, the Canadian Mortgage and Housing Corporation (CMHC) is tightening the criteria to get a mortgage with less than a 20% down...
STOCK AND BOND YIELDS PLUMMET AFTER SUNDAY FED CUT
Fed Cuts Overnight Rate One Percentage Point But Markets Plummet In an unprecedented Sunday afternoon meeting, the US Federal Reserve cut...
Can overnight rate go negative and what does it mean for the economy and investments?
With the slowdown in the global economy, ongoing trade wars, Brexit, impact of COVID-19 on the stock market and the fears of an upcoming...
The Bank of Canada Brings Out The Big Guns
Following yesterday's surprise emergency 50 basis point (bp) rate cut by the Fed, the Bank of Canada followed suit today and signalled it...
Minister Morneau Announces New Benchmark Rate for Qualifying For Insured Mortgages
News Release For Immediate Release OTTAWA ─ February 18, 2020 ─ Office of the Superintendent of Financial Institutions This follows a...
Mortgage rates plunge to second lowest level in three years amid coronavirus concerns
Fears surrounding the spread of the virus have roiled markets — and could benefit home buyers. Looking to buy a home? The coronavirus...
Bank of Canada maintains overnight rate target at 1 ¾ percent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the...
Need more information? Contact today
I am here to assist. Contact by phone, email or via our social media channels.
bottom of page