Globe abd Mail ~ March 30th, 2023 If you’re riding out a floating-rate mortgage, you’re likely wondering when the prime rate will drop. The 22-year high in Canada’s prime rate has caused financial hardship for many – including 50-per-cent-plus payment increases on most adjustable-rate mortgages. Compared with a year ago,… Read More

2022 was a challenging year in the mortgage industry! We are proud of our team and the efforts put forth. We all know that we truly make a difference in our clients lives and are fortunate to assist them in making one of the biggest purchases of their lives, home […]

CP 24 ~ Feb. 22, 2023 The Canada Revenue Agency kicked off its tax season this week by urging Canadians to file their taxes on time — and reminding them that they may be owed money. The filing deadline of April 30 falls on a Sunday this year, so Canadians […]

Financial Post ~ Feb 10th, 2023 The statistics aren’t great for couples who argue about money. Being on the same page and having a way to talk — rather than fight — about money with your partner is crucial for a stable financial future. Whether you and your partner stay […]

January 6th, 2023 Toronto residents whose properties sit vacant for more than half the year will soon have to pay a hefty tax but it remains to be seen whether the penalty will actually help boost housing supply in a city facing an affordability crisis. Homeowners have been given until […]

Money Sense ~ December 22nd, 2022 A recap of the ups and downs investors and the markets dealt with in 2022 and a hint of what may be in store for them in 2023. What happened in 2022 to affect our finances. Let’s break down the highs and lows of […]

CTV News ~ December 10th, 2022 The Bank of Canada hiked its key policy rate by half a percentage point to 4.25 per cent — the highest it’s been since January 2008 — on Wednesday in its final rate decision of a year that has been marked by stubbornly high […]

CBC News ~ November 12th, 2022 For years now, central banks around the world have helped consumers and businesses weather economic storms. In crisis after crisis, they cut interest rates to help people get through. They printed money and bought bonds to prop up markets. This time, those same banks […]

Canadian Mortgage Trends Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. The rate hikes have largely been limited to 1-, 2- and 3-year fixed mortgage products, including both special offer and posted mortgage rates. The hikes were seen at TD, Scotiabank, […]

Global News ~ September 17th, 2022 The Bank of Canada’s rising interest rates have some variable-rate mortgage holders thinking about the upside of locking in a fixed rate, according to experts who spoke to Global News. But the peace of mind that comes with a steady rate has trade-offs that […]