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Costs to Consider When Building Your Own Home

Costs to Consider When Building Your Own Home

by Robert Stanfield | Sep 3, 2021 | Blog, Economy, Mortgage

Building a new property from the ground up is an exciting challenge as you get to customize your home based on your family’s specific wants and needs. The building process as well as construction financing is much different than the typical homeownership journey, so...
Millennial Homebuying Advice from the Experts

Millennial Homebuying Advice from the Experts

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...
Selling Your Home? Be Sure to Plan for Real Estate Commission

Selling Your Home? Be Sure to Plan for Real Estate Commission

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...
What are my Options when Falling Behind on my Mortgage?

What are my Options when Falling Behind on my Mortgage?

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. ...
Are Interest Rate Hikes on the Horizon?

Are Interest Rate Hikes on the Horizon?

by Robert Stanfield | May 14, 2021 | Blog, Economy, Finance, Homeownership, Mortgage

Since the global pandemic reached our shores, the Bank of Canada cut its overnight target interest rate in a number of unscheduled announcements, finally settling on the record low 0.25%. Understandably, these reductions were implemented in an effort to help offset...
Did You Defer Payments? Be Sure to Check Your Credit!

Did You Defer Payments? Be Sure to Check Your Credit!

by Robert Stanfield | May 7, 2021 | Blog, Economy, Finance, Mortgage

The federal government introduced a number of relief measDid You Defer Payments? Be Sure to Check Your Credit!rd payments for a set period of time. At the end of the deferral agreement, payments returned to normal and the deferred amounts were added to the mortgage or...
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