by Glenn Maclaren | Jul 23, 2021 | Blog, Economy, Finance, Homeownership
When selling your home, it’s important to include real estate commission in your budget because it’s a significant fee in the selling process that will impact your overall profits. Realtors are well worth their commission as they help sellers get the right...
by Glenn Maclaren | Jul 16, 2021 | Announcements, Blog, Economy
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 is maintaining its extraordinary forward guidance on the path for the overnight rate....
by Glenn Maclaren | Jun 25, 2021 | Economy, Homeownership
There are two new federal government programs available to help homeowners improve the energy efficiency of our homes. In combination, these two initiatives are designed to help eligible participants make deeper, more costly retrofits that have the biggest...
by Glenn Maclaren | Jun 18, 2021 | Blog, Economy, Homeownership
As a homeowner, refinancing your mortgage allows you to capitalize on lower interest rates, access your home’s equity, consolidate debt or even reduce your monthly payments. In simple terms, a mortgage refinance involves breaking your current loan agreement...
by Glenn Maclaren | Jun 4, 2021 | Blog, Economy, Homeownership, Mortgage
If you’re applying for a new credit card or even a job, taking out a loan or buying a new vehicle or home, a credit check will most likely be conducted to determine your creditworthiness. This helps determine if you’re dependable and able to pay back money you borrow....
by Glenn Maclaren | May 28, 2021 | Announcements, Blog, Economy, Homeownership, Mortgage
A recent Equifax survey of Canadian consumers shows 40% feel that mortgage fraud is a growing problem. Even more unsettling is that 9% admit to not having been entirely truthful on their loan applications, and a similar number believe it’s acceptable to falsely report...
