Globe and Mail ~ August 24th, 2022 Look online and you’ll see mortgage rates as low as 3.44 per cent for a five-year variable and 4.19 per cent for a five-year fixed. Seems like a steal, right? Especially in a world where the best deals that our megabanks are advertising… Read More

Global News ~ August 12th, 2022 Should you go with a variable-rate mortgage or opt for the old reliable five-year fixed rate? How can you make sure your payments are predictable while also paying down your principal? Are static payments a good idea? The questions around mortgages are overwhelming at […]

CBC News ~ July 13th, 2022 The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 years, sharply increasing the cost of borrowing in an attempt to rein in runaway inflation. Canada’s central bank raised its benchmark interest rate Wednesday by a […]

CBC ~ June 1st, 2022 The BoC raised its benchmark interest rate to 1.5%. This means that those with a variable rate mortgage or a line of credit will see an increase by .50%, resulting in a a change in payment depending on the specific product. Most variable rate mortgages […]

Globe and Mail ~ May 23rd, 2022 For more than a decade, the biggest financial obstacle for many homebuyers in pricey markets was coming up with the cash for a down payment. But with rapidly rising borrowing costs, being able to afford mortgage payments is increasingly becoming an additional hurdle. […]

Globe and Mail ~ May 19th, 2022 Will potential changes to the mortgage – HELOC rules impact you? The trendiest type of home equity line of credit is in the crosshairs of Canada’s banking regulator, which is looking to curb risky borrowing as rising interest rates put added pressure on […]

After Torontonians flocked to the suburbs, experts say the pandemic-fueled balloon outside the downtown core is starting to deflate as the cost of borrowing rises and offices reopen their doors. Click here to read the full article.

Why do homebuyers not qualify for the mortgage rate they thought they would? Here are some of the more common reasons why homebuyers who expect to qualify are later refused, or aren’t able to secure the best market rates. Click here to read the full article.

Financial Post ~ April 25th, 2022 The real estate industry and the provinces are mindful that the federal government is likely to act soon on its electoral promise to ban blind bidding. Recently, Ahmed Hussen, the Minister of Housing and Diversity and Inclusion, revealed plans to unveil a Home Buyers’ […]

Globe and Mail ~ March 28th, 2022 Without a blistering correction in the real estate market, a growing number of people will never own a house. Expect them to be angry about it. In fact, anger among young adults about the declining affordability of owning a home is already building. […]