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...
by Glenn Maclaren | May 14, 2021 | Blog, Economy, Finance, Homeownership
Since the global pandemic reached our shores, the Bank of Canada cut its overnight target interest rate in a number of unscheduled announcements, finally settling on the record low 0.25%. Understandably, these reductions were implemented in an effort to help offset...
by Glenn Maclaren | May 7, 2021 | Blog, Economy, Finance, Mortgage
The federal government introduced a number of relief measures last year in an effort to assist individuals facing significant financial hardship due to the COVID-19 pandemic, including the opportunity for Canadian lenders to allow customers to defer their mortgage and...
by Glenn Maclaren | Apr 23, 2021 | Announcements, Blog, Economy, Finance, Homeownership, Mortgage
Labelled one of the most widely anticipated and important budgets of our time, Budget 2021, delivered on April 19th, lived up to its promise. The first budget in over two years and first since the outbreak of the global pandemic, Budget 2021: A Recovery Plan for Jobs,...
by Glenn Maclaren | Apr 16, 2021 | Blog, Economy, Finance, Homeownership
When buying a home, mortgage financing requirements are subject to lender approval, which is based on certain conditions including an appraisal of the property. The appraisal is conducted by a licensed, professional real estate appraiser who provides an evaluation of...
by Glenn Maclaren | Apr 2, 2021 | Blog, Economy, Finance
Life has become increasingly complicated. As we navigate rotating shutdowns, on-again/off-again restrictions and dramatic changes to our daily routines, the possibility of missing important dates and deadlines is very real, as one day can often roll into the next...
