by Frances Hinojosa | Jan 7, 2022 | Blog, Economy, Homeownership, Mortgage
For its final announcement of the year – on December 8th, 2021 – the Bank of Canada (BoC) maintained its target overnight interest rate at 0.25% with the expectation that a rate hike would occur in the second or third quarter of 2022, possibly in time for the spring...
by Frances Hinojosa | Dec 17, 2021 | Blog, Homeownership, Mortgage
There are times when it makes good financial sense to break your mortgage early. This can include when you choose to take advantage of lower interest rates, pay down debt, renovate or even pay for your kid’s tuition. But, regardless of your reasoning, it’s important...
by Frances Hinojosa | Dec 10, 2021 | Blog, Mortgage
Saving up for a down payment is the number one obstacle faced by first-time homebuyers, especially as property sales prices continue rising. Did you know that your parents or other immediate family members can often “gift” money to you for use towards your down...
by Frances Hinojosa | Oct 22, 2021 | Blog, Homeownership, Mortgage
After nearly 20 months, the country is slowly and safely starting to navigate its way back to a degree of normalcy. Businesses are reopening their doors, Canadians are returning to work, mass vaccination programs carry on and consumer confidence is on the rise. And...
by Frances Hinojosa | Oct 1, 2021 | Blog, Economy, Homeownership, Mortgage
For most people, the pursuit of homeownership is a journey worth taking, but the requirements for making it to the finish line can prove difficult. This holds true during normal circumstances but, in the midst of a global pandemic, the process has become even more...
by Frances Hinojosa | Sep 24, 2021 | Blog, Homeownership, Mortgage
As the saying goes, nothing worth having comes easy. This holds especially true when buying a home and obtaining a mortgage. While the prospect of turning the dream of homeownership into a reality is both exciting and rewarding, the journey itself can be long and...
