by Renee Wynter | Feb 4, 2022 | Announcements, Blog, Homeownership, Mortgage
In its first policy interest rate announcement of the year – on January 26th – the Bank of Canada (BoC) maintained its current record-low rate of 0.25%. The decision was in line with 2021 forecasts that a rate hike would occur in the second or third quarter of 2022....
by Renee Wynter | Jan 7, 2022 | Blog, Economy, Homeownership, Mortgage
For its final announcement of the year – on December 8th, 2021 – the Bank of Canada (BoC) maintained its target overnight interest rate at 0.25% with the expectation that a rate hike would occur in the second or third quarter of 2022, possibly in time for the spring...
by Renee Wynter | Dec 3, 2021 | Blog, Homeownership
Multigenerational living is more popular than ever before during the current real estate boom as more Canadians pool their resources with parents or grandparents and buy a single property to make homeownership more affordable. Multigenerational homes enable...
by Renee Wynter | Nov 5, 2021 | Blog, Economy, Homeownership
They say that money doesn’t grow on trees but, over the last 20 months, it started to feel as though maybe it did. If you were one of thousands of Canadians who thought of building a new house or renovating your existing home after the global pandemic hit, you know...
by Renee Wynter | Oct 15, 2021 | Blog, Homeownership
Experts are continually weighing in on the age-old debate of whether it makes more sense for Canadians to buy or rent your home. While buying a home in many parts of the country is a tall order, if you can afford it, you’ll be better off financially compared to...
by Renee Wynter | Oct 1, 2021 | Blog, Economy, Homeownership, Mortgage
For most people, the pursuit of homeownership is a journey worth taking, but the requirements for making it to the finish line can prove difficult. This holds true during normal circumstances but, in the midst of a global pandemic, the process has become even more...