by Robert Stanfield | Jan 7, 2022 | Blog, Economy, Homeownership, Mortgage
For its final announcement of the year – on December 8th, 2021 – the Bank of Canada (BoC) maintained its target overnight interest rate at 0.25% with the expectation that a rate hike would occur in the second or third quarter of 2022, possibly in time for the spring...
by Robert Stanfield | Dec 24, 2021 | Blog, Finance
As we stand poised to say goodbye to another year dominated by the global pandemic, we find ourselves once again faced with the challenges of a persistent and pervasive variant. With hopes and plans for a fresh start, the emergence of a new year represents the perfect...
by Robert Stanfield | Dec 17, 2021 | Blog, Mortgage
There are times when it makes good financial sense to break your mortgage early. This can include when you choose to take advantage of lower interest rates, pay down debt, renovate or even pay for your kid’s tuition. But, regardless of your reasoning, it’s important...
by Robert Stanfield | Dec 10, 2021 | Blog, Mortgage
Saving up for a down payment is the number one obstacle faced by first-time homebuyers, especially as property sales prices continue rising. Did you know that your parents or other immediate family members can often “gift” money to you for use towards your down...
by Robert Stanfield | Dec 3, 2021 | Blog, Homeownership
Multigenerational living is more popular than ever before during the current real estate boom as more Canadians pool their resources with parents or grandparents and buy a single property to make homeownership more affordable. Multigenerational homes enable...
by Robert Stanfield | Nov 26, 2021 | Blog
The holiday season is in full swing – merchandise has been donning retail shelves for weeks, malls are fully decked out, and holiday commercials and TV specials are boosting our festive spirit. Emerging well before Halloween, this blast of merriment may seem a bit...
