Should You Spend the Full Mortgage Amount You're Approved For?
December 28, 2022 | Posted by: Ted Rhind
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ... [read more]
The Pros and Cons of Fixed vs. Variable Mortgages
December 8, 2022 | Posted by: Ted Rhind
When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ... [read more]
The Pros and Cons of Locking In your Mortgage Rate
December 8, 2022 | Posted by: Ted Rhind
The Pros and Cons of Locking In The holiday season is upon us, bringing an end to a tumultuous year. 2022 saw inflation reach levels not seen for 40 years, followed by substantial interest rate hik ... [read more]
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
December 7, 2022 | Posted by: Ted Rhind
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening ... [read more]
10 Things to Know About the Offer Process
November 30, 2022 | Posted by: Ted Rhind
10 Things to Know About the Offer Process Before making an offer on your dream house, here are the ten things you need to know about buying real estate to ensure your offer is solid. Buying real e ... [read more]
A Six-Step, Back to Basics Financial Plan for Most Every Canadian
November 21, 2022 | Posted by: Ted Rhind
It's a tough time to know what the right financial move is at the moment. Interest rates are increasing, while stocks are in bearish territory. It's easy to forget that there are smart things that you ... [read more]
10 Important Questions to Ask Your Contractor
November 9, 2022 | Posted by: Ted Rhind
10 Important Questions to Ask Your Contractor Are you thinking about hiring a contractor before selling real estate? Here are ten important questions you should ask the contractor before signing a co ... [read more]
Thinking of buying? Don't be put off by high rates.
November 3, 2022 | Posted by: Ted Rhind
2022 has already been tough on Canadians' wallets, and recent economic data shows the pain is unlikely to end soon. Inflation continues to run hot, and on October 26 the Bank of Canada further r ... [read more]
Bank of Canada Rate Update October 26, 2022
October 26, 2022 | Posted by: Ted Rhind
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate a ... [read more]
Best Ways to Plan for Your Down Payment
October 19, 2022 | Posted by: Ted Rhind
Best Ways to Plan for Your Down Payment Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. ... [read more]
