by Frances Hinojosa | Jun 21, 2024 | Announcements, Homeownership
Mortgage fraud is a serious issue in Canada that is becoming extremely sophisticated, and can lead to significant financial loss and long-term complications for borrowers. To safeguard against this threat, as a potential homebuyer or mortgage borrower, there are...
by Frances Hinojosa | Nov 17, 2023 | Announcements, Finance
Your financial well-being is at the core of our mission as mortgage agents and brokers. And Financial Literacy Month is a great opportunity for you to get empowered and ensure you always make informed decisions regarding your mortgage and overall financial health....
by Frances Hinojosa | Feb 17, 2023 | Announcements, Blog, Economy
In its very first summary of deliberations released this month, the Bank of Canada (BoC) pointed to a tight labour market, strong GDP growth and the risk of inflation getting stuck above 2% as the rationale for raising its key rate by a quarter of a percentage point...
by Frances Hinojosa | Dec 16, 2022 | Announcements, Homeownership
There are many benefits to homeownership in any market. It’s important not to let the media tarnish your homeownership journey. And with average rent in Canada rising nearly 12% year-over-year in October 2022 to almost $2,000 – according to the National Rent Report –...
by Frances Hinojosa | Jul 15, 2022 | Announcements, Blog, Economy, Mortgage
In an effort to stabilize the economy and curtail rising inflation and hot housing markets, the Bank of Canada (BoC) has been steadily increasing interest rates – most recently on July 13th when the overnight rate rose a full percent, which was the fourth consecutive...
by Frances Hinojosa | May 20, 2022 | Announcements, Blog, Mortgage
Looking to Buy a Home? Federal Budget Initiatives May Help 5 housing-related highlights from the federal budget: Tax-Free First Home Savings Account. Beginning in January 2023, this new account will allow prospective homebuyers to contribute up to $40,000 ($8,000 per...
