My Blog
Canada’s new foreign home buyer ban
The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban was originally passed by Parliament in
Its not just about the interest rate!
Its not just about the interest rate! A common mistake some mortgage shoppers make is focusing entirely on getting the lowest rate. Don’t get me
Bank of Canada raised its key lending rate.
The Bank of Canada raised its key lending rate by 50 basis points this morning, bringing it to 3.75%. In its statement, the Bank said
Rising interest rates prohibit home affordability gains.
Falling home prices are typically welcomed by prospective homebuyers, since it means an improvement in affordability. However, rising interest rates prohibit home affordability gains even with
Is co-ownership an option to achieve homeownership?
With interest rates rising and the overall cost of living, more people are turning to co-ownership an creative option to achieve homeownership. Co-ownership with family
Prime lending rate on the rise.
In addition to raising key interest rates which effect the prime lending rate, by another 75 basis points this week, the Bank of Canada signaled
