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How Can Garden Suites Help with Housing Affordability?

How Can Garden Suites Help with Housing Affordability?

by Robert Stanfield | Aug 19, 2022 | Blog, Homeownership

Toronto recently joined the roster of Canadian cities allowing for garden suites – secondary freestanding backyard homes that tie into a main residence’s services and utilities – which has many people wondering how this could help make housing more affordable. Garden...
Rates Expected to Continue Rising

Rates Expected to Continue Rising

by Robert Stanfield | Jul 15, 2022 | Announcements, Blog, Homeownership, Mortgage

In an effort to stabilize the economy and curtail rising inflation and hot housing markets, the Bank of Canada (BoC) has been steadily increasing interest rates – most recently on July 13th when the overnight rate rose a full percent, which was the fourth consecutive...
Interest-Free Canada Greener Home Loans Now Available to Homeowners

Interest-Free Canada Greener Home Loans Now Available to Homeowners

by Robert Stanfield | Jul 1, 2022 | Blog, Homeownership

Ottawa has launched the first phase of its Canada Greener Home Loan program, which offers interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home’s environmental footprint. The program provides interest-free loans...
Single & Buying a Home? Here’s How to Boost Your Mortgage Approval Chances

Single & Buying a Home? Here’s How to Boost Your Mortgage Approval Chances

by Robert Stanfield | Jun 17, 2022 | Blog, Homeownership, Mortgage

As the number of Canadians living alone continues to rise and the average size of households shrinks, the idea of the “nuclear family” as the typical Canadian household isn’t as accurate as it has been in past decades.  If you’re buying a home on your own and wish to...
Down Payment Options: Get Your Savings Working for You

Down Payment Options: Get Your Savings Working for You

by Robert Stanfield | Jun 3, 2022 | Announcements, Blog, Economy, Homeownership, Mortgage

Over the past few years, house prices have seen staggering growth, rising significantly faster than average incomes and making the dream of homeownership increasingly difficult. Rising interest rates and relentless competition are also contributing to a sizzling...
Looking to Buy a Home? Federal Budget Initiatives May Help

Looking to Buy a Home? Federal Budget Initiatives May Help

by Robert Stanfield | May 20, 2022 | Blog, Homeownership, Mortgage

Buying a home can be challenging, especially when you’re saving up for a down payment based on higher property values in a hot market, as well as budgeting for closing costs, furniture, home improvements and so on. Fortunately, there were a number of new and renewed...
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