by Robert Stanfield | Jul 15, 2021 | Announcements, Blog
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate....
by Robert Stanfield | Jul 9, 2021 | Blog, Homeownership, Mortgage
You may be ready to buy a home but you’re finding that your budget is stretched to its limit with all of the closing costs adding up on top of the down payment you’re required to make. Some lenders offer a cash back mortgage that could be the solution you’ve been...
by Robert Stanfield | Jul 2, 2021 | Economy, Homeownership, Mortgage
If you’ve missed mortgage payments or you’re anticipating difficulties moving forward, you should always deal with this as early as possible. Periods of financial difficulty are not uncommon and there are several options available to avoid an ultimate foreclosure. ...
by Robert Stanfield | Jun 25, 2021 | Blog, Homeownership
There are two new federal government programs available to help homeowners improve the energy efficiency of our homes. In combination, these two initiatives are designed to help eligible participants make deeper, more costly retrofits that have the biggest...
by Robert Stanfield | Jun 18, 2021 | Announcements, Finance, Homeownership, Mortgage
As a homeowner, refinancing your mortgage allows you to capitalize on lower interest rates, access your home’s equity, consolidate debt or even reduce your monthly payments. In simple terms, a mortgage refinance involves breaking your current loan agreement...
