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 | 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 9, 2021 | Blog, Finance, Homeownership, Mortgage
Canadians are living longer and changing our society in significant ways. Expected to grow by 68% in the next 15 years, this surging demographic is heavily influenced by aging baby boomers, advances in modern medicine, healthier lifestyles, and an increased resilience...
by Glenn Maclaren | Mar 19, 2021 | Blog, Economy, Homeownership, Mortgage
An entire year has passed since the World Health Organization declared COVID-19 a global pandemic – and what a year it has been! Faced with uncertainty and unchartered territory, we obeyed public health officials, donned our masks, social distanced, hunkered down and...
by Glenn Maclaren | Mar 12, 2021 | Blog, Finance, Homeownership, Mortgage
Buying a home is a big deal – whether you’re a first-time homebuyer entering the market or a seasoned homebuyer transitioning to your next property. That’s why it’s important to enlist the help of professionals to walk you through each phase of the purchase and...