Refinancing your mortgage refers to the process of renegotiating your current mortgage agreement for a variety of reasons. Essentially, refinancing allows you to pay off your existing mortgage and replace it with a new one. There are a variety of reasons to consider mortgage refinancing, including but not limited to: You want to leverage large […]

DO YOU AUTOMATICALLY LOOK AT A RATE WHEN CONSIDERING WHERE TO GO?? LET ME FILL YOU IN WHY IT’S NOT ALWAYS THE MOST IMPORTANT FACTOR 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 […]

ARE YOU TRYING TO DECIDE WHETHER YOU SHOULD RENT OR BUY? Here’s 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 […]

Variable or Fixed… Question of the Day When it comes to mortgages, the age-old question remains: “Should I go with a variable or fixed-rate?”. To make an informed decision, it is important to look at the type of buyer and the historical trends. When it comes to variable versus fixed-rate, it is important to understand […]

Canadian Homebuyers Trying To Beat Rate Hikes Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose 0.6% in November following the whopping 8.6% surge the month before. Sales could have been higher had it not been for the limited supply of homes for sale. Homebuyers are anxious to finalize purchases […]

Housing Affordability Erodes Further With Record-Low Supply Housing affordability remains a huge political issue and with the Department of Finance working on the upcoming budget, no doubt measures to reduce home prices will be front and center. What we desperately need is dramatic increases in new housing construction, which has been woefully constrained by local […]

Another Strong Jobs Report In December Statistics Canada released the December Labour Force Survey this morning, reporting employment gains of 54,700 last month–double market expectations. The unemployment rate fell to 5.9% from the 6.0% rate posted in November and is only 0.2 percentage points above the 5.7% rate posted in February 2020 before the pandemic […]