Interest rates have been on a rollercoaster ride over the past year and have skyrocketed beyond expectations. The Bank of Canada promised low rates for a long time, but this has not been the case. The increasing mortgage rates and payments are putting homeowners under immense financial pressure and are a cause for concern. At […]

In a down market, buyers have the advantage, but it is still important to be well prepared and informed. Here are 7 tips for buying a home for less in a down market: Do Your Homework: Research the area and price range to get an idea of what is considered excessive or low. Utilize your […]

Winter weather can be tough on your home, and proper maintenance is essential to protect it from damage and ensure a comfortable living environment. Here’s a list of internal and external tasks to keep in mind for winter home maintenance. Internal Tasks Keep interior doors open during deep cold spells (below 15 degrees for more […]

https://www.thestar.com/news/gta/2023/02/03/the-homeowner-horror-story-my-mortgage-is-up-for-renewal.html After eight rate hikes, mortgage angst is spreading among the one million Canadian households facing renewal, bringing higher bills and stress.

https://www.thestar.com/business/2023/02/02/what-the-latest-rate-hike-means-for-your-mortgage-payment.html The Bank of Canada’s latest rate hike continues to place homeowners under financial stress as variable rate mortgages keep climbing and fixed-rate mortgage holders face renewal.

https://www.mpamag.com/ca/mortgage-industry/industry-trends/did-the-bank-of-canada-mislead-borrowers-on-low-interest-rates/435105 Leah Zlatkin (pictured below), mortgage broker and chief operating officer at Mortgage Outlet, said that the Bank of Canada was essentially the best source of information for mortgage professionals on the future economic landscape – although she emphasized the importance of letting clients make a judgement call themselves. While the Bank may have put […]