Happy Thanksgiving from my family to yours. 2020 has been a difficult year for most of us, but I hope we can take this weekend to think of the things we have to be thankful for. Family, friends and our health. Life in a COVID-19 world is ever-changing. We all...
Securing a mortgage is perhaps the most difficult part of the process of buying a home. That process is made easier if you have an expert by your side. However, given how rarely we buy homes or refinance our loans, far fewer people know what to look for in a mortgage...
Canada’s housing market has long been considered quite overheated. This trend is mostly driven by the extreme markets of Vancouver and Toronto housing markets; these are the markets that government regulations that limit loan to value ratios among others were targeted...
Governor Stephen Poloz and his Governing Council ended their deliberations on April 18th, and the end decision was not to raise interest rates. This has left the benchmark interest rate at 1.25% for now. However, they are unlikely to keep interest rates this low for...
Housing price increases have outpaced inflation for years, pricing many Millennials out of the housing market. For many Millennials, the solution has been to remain at home for years longer than their parents planned. In fact, roughly a third of those between the ages...
Thank you, Donald Trump. Those unlikely words from Canadian mortgage leaders are the result of the economic uncertainty created by Trump’s politicization of the renegotiation of NAFTA. This fact, combined with the slowdown in domestic spending at the end of 2017 that...
