by Renee Wynter | Jun 7, 2019 | Economy, Finance, Mortgage
There are numerous costs associated with buying a home. While the most common expenses that come to mind include down payment, moving and real estate commissions, there are also additional fees you must pay when the deal closes, known as closing costs. The term...
by Renee Wynter | May 29, 2019 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent Canadian economic data are in line with the projections in the Bank’s April Monetary Policy...
by Renee Wynter | May 25, 2019 | Blog, Economy, Finance, Mortgage
Every six weeks, the Bank of Canada (BoC) meets to decide which direction, if any, interest rates should take. The state of the economy, inflation, household debt and commodity prices are just some of the factors that play a role in this decision. In order to...
by Renee Wynter | May 10, 2019 | Blog, Finance, Homeownership, Mortgage
You’ve moved to Canada and settled into your new surroundings. Now you’re considering buying a home and establishing roots. But where do you start? Working with a mortgage agent is your first step, as we understand the ins and outs of New to Canada mortgage...
by Renee Wynter | May 3, 2019 | Blog, Economy, Finance, Mortgage
If you’re in the market to buy a home, chances are you’ve already done some preliminary research and discovered there are many different types of lender options – each offering their own unique perks. Historically, securing a mortgage in Canada meant borrowing...
by Renee Wynter | Apr 24, 2019 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth has slowed by more than the Bank forecast in its January Monetary Policy...
