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Turning Rentability into Profitability

Turning Rentability into Profitability

by Glenn Maclaren | Jan 28, 2022 | Blog, Homeownership, Mortgage

Investing in real estate can be an extremely rewarding experience, especially if you’re properly prepared for the journey. The potential to make money is fairly strong through steady income and appreciation, although return on investment is never guaranteed. In order...
Bank of Canada Report Finds 19% of Homebuyers are Investors

Bank of Canada Report Finds 19% of Homebuyers are Investors

by Glenn Maclaren | Jan 21, 2022 | Announcements, Blog, Economy, Homeownership

New Bank of Canada (BoC) findings reveal that investors account for 19% of home purchases dating back to 2014 – steadily outpacing other types of homebuyers during the pandemic.    The report, Housing Demand in Canada: A novel approach to classifying mortgaged...
Court Decision Could Offer Pre-Construction Buyer Protection

Court Decision Could Offer Pre-Construction Buyer Protection

by Glenn Maclaren | Jan 14, 2022 | Blog, Economy, Homeownership

It seems Canadian homebuyers are still struggling to catch a break. We know all too well that COVID-19 has significantly impacted Canada’s housing market. Low supply and high demand have led to exorbitant purchase prices, and new construction builds have been...
How to Prepare for Higher Interest Rates

How to Prepare for Higher Interest Rates

by Glenn Maclaren | Jan 7, 2022 | Blog, Economy, Homeownership, Mortgage

For its final announcement of the year – on December 8th, 2021 – the Bank of Canada (BoC) maintained its target overnight interest rate at 0.25% with the expectation that a rate hike would occur in the second or third quarter of 2022, possibly in time for the spring...

Recent Posts

  • How are Canadians Feeling About Homeownership in Today’s Market?
  • When are Alternative Mortgage Lenders Helpful?
  • Bank of Canada Publishes First Summary of Deliberations
  • Multi-Generational Home Renovation Tax Credit Available
  • Three New Regulatory Proposals Could Restrict Mortgage Borrowing Power

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