Getting a home ready for sale or lease is a big job on its own. For some, the thought of staging your home may be overwhelming. Realtors may offer this service as part of their package, but if not, don’t worry, it’s easy to do it yourself with a little inspiration. Beyond the basic advice […]

How does this affect my mortgage?   If you don’t have a mortgage yet and are thinking of making a purchase in the next few months, please see below.   If you have a variable rate mortgage or home equity lines of credit (HELOC’s), either your monthly payment will increase, or more of the payment […]

There’s Often an Alternative. When it comes down to getting approved for a mortgage, there are a lot of factors and not everyone will qualify. So what are your options if the banks say “no”? When conventional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, […]

  Did you know? Close to 70 percent of mortgages never make it to the end of their term. This means that, for a variety of reasons, homeowners are ending their mortgages early. However, that still leaves a solid 30 percent of home buyers who keep their mortgage until the term is up and it […]

When it comes to mortgages, it is easy to focus on rates and your current situation, but the reality is that life happens and when it does, rates won’t be the only thing that matter. First and foremost, the most important thing to remember is that a mortgage is a contract. That means that there […]

  Statistics Canada released the February Labour Force Survey this morning, reporting a much more significant than expected 336,600 net new jobs, with the unemployment rate falling a full percentage point to 5.5%. This is the first time the unemployment rate fell below its pre-Covid level and reinforces the expectation for another Bank of Canada […]