by Robert Stanfield | Aug 20, 2021 | Blog, Finance, Homeownership, Mortgage
As a homeowner, if you’re unable to make regular mortgage payments, the loan will ultimately fall into a state of default, forcing you to forfeit all rights to the property. This is called foreclosure. Foreclosure is a lengthy and costly process that should be...
by Robert Stanfield | Aug 13, 2021 | Blog, Homeownership, Mortgage
“OK boomer”. This common, cross-generational catchphrase with a hint of affection and a heap of irony is used by younger generations when speaking to those whose opinions and outlooks are perceived to be out of touch. Just the same, Canada’s boomers (aka Baby Boomers)...
by Robert Stanfield | Aug 6, 2021 | Blog, Economy, Homeownership, Mortgage
There are many social and cultural factors that influence homebuying trends, but perhaps none more so than the period of time we were born. Connected by shared values, attitudes and behaviours, generational groups tend to make decisions based on their place in the...
by Robert Stanfield | Jul 23, 2021 | Blog, Economy, Finance, Mortgage
When selling your home, it’s important to include real estate commission in your budget because it’s a significant fee in the selling process that will impact your overall profits. Realtors are well worth their commission as they help sellers get the right...
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...
