by Glenn Maclaren | Oct 29, 2021 | Announcements
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank’s extraordinary forward guidance on the path for the overnight rate is being...
by Glenn Maclaren | Oct 22, 2021 | Blog, Homeownership, Mortgage
After nearly 20 months, the country is slowly and safely starting to navigate its way back to a degree of normalcy. Businesses are reopening their doors, Canadians are returning to work, mass vaccination programs carry on and consumer confidence is on the rise. And...
by Glenn Maclaren | Oct 15, 2021 | Blog, Homeownership
Experts are continually weighing in on the age-old debate of whether it makes more sense for Canadians to buy or rent your home. While buying a home in many parts of the country is a tall order, if you can afford it, you’ll be better off financially compared to...
by Glenn Maclaren | Oct 8, 2021 | Blog, Homeownership
After more than 1.5 years of staring at the same walls and reflecting on our home choices with added time on our hands thanks to multiple lockdowns, Canadians are reassessing our wants and needs. Ultimately, we’re looking for more space – both indoors and out. ...
by Glenn Maclaren | Oct 1, 2021 | Blog, Economy, Homeownership, Mortgage
For most people, the pursuit of homeownership is a journey worth taking, but the requirements for making it to the finish line can prove difficult. This holds true during normal circumstances but, in the midst of a global pandemic, the process has become even more...
