Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower bound of � percent, with the Bank Rate at � percent and the deposit rate at � percent. The Bank...Read More

Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today’s average rates, 61% of a new homebuyer’s very first mortgage payment is going towards principal repayment, according to data from Edge Realty Analytics. In the early...Read More

Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you find the right property, presenting a compelling offer might be the difference in getting your dream home. However, it is a common misconception that a ‘mortgage pre-approval’ will guarantee...Read More

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program  The Bank of Canada today held its target for the overnight rate at the effective lower bound of � percent, with the Bank Rate at � percent and the deposit rate at � percent. The Bank is maintaining its extraordinary forward guidance...Read More

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program  The Bank of Canada today held its target for the overnight rate at the effective lower bound of � percent, with the Bank Rate at � percent and the deposit rate at � percent. The Bank is maintaining its extraordinary forward guidance...Read More

When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with home evaluations, the sale of another home, or insurance coverage. But potentially the most crucial condition deals with...Read More

A job loss a few days or weeks prior to closing your home purchase can be distressing; especially when you have no alternative source of income. Getting a new job can ease the situation, but it’s not guaranteed that your mortgage provider will award you a mortgage loan when you are on probation at the...Read More

Purchasing a home is most likely one of the most sizable purchases most of us will ever make, and finally, buying a home is a dream come true for most. For students, it may seem like this dream is forever out of reach. Especially with the added burden of paying for college and student loan...Read More

Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower bound of � percent, with the Bank Rate at � percent and the deposit rate at � percent. The Bank is maintaining its extraordinary...Read More

Home equity is an essential asset for creating wealth and income. Learn how home equity is calculated, why it’s important, and five steps you can take to build it. As you make monthly mortgage payments, you accumulate home equity. This is a powerful real estate investment that represents the portion of your home that you...Read More