by Frances Hinojosa | May 21, 2021 | Blog, Economy, Finance, Homeownership
In today’s unconventional housing market, where inventory is low, competition is fierce and bidding wars are common, obtaining a mortgage preapproval has never been more important. In the face of multiple offers and fast-paced decisions, having a preapproval in hand...
by Frances Hinojosa | 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 Frances Hinojosa | Apr 23, 2021 | Announcements, Blog, Economy, Finance, Homeownership
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 Frances Hinojosa | Apr 9, 2021 | Blog, Economy, Homeownership
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 Frances Hinojosa | Apr 2, 2021 | Blog, Economy, Finance, Productivity
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...
by Frances Hinojosa | Mar 26, 2021 | Blog, Economy, Finance, Mortgage
Will you be buying another home in 2021? If so, you’ll likely want to use the proceeds from the sale of your current home to purchase the new one. But, coordinating the timing of both transactions can be tricky, particularly if the closing date of the sale is set to...