by Frances Hinojosa | Sep 10, 2021 | Announcements, Blog, Finance, Mortgage
Housing affordability is always an election hot topic – and this year is no different. Perhaps the most notable pledge in the Liberal party’s housing platform, and the one that’s attracted the most commentary, is a call to ban blind bidding as part of a new Home...
by Frances Hinojosa | Sep 3, 2021 | Blog, Finance
Building a new property from the ground up is an exciting challenge as you get to customize your home based on your family’s specific wants and needs. The building process as well as construction financing is much different than the typical homeownership journey, so...
by Frances Hinojosa | May 28, 2021 | Blog, Economy, Finance, 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 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,...
