Featured
Bank of Canada (BOC) Expected to Keep Rates Low Until 2017, Providing More Fuel for Housing Market
After cutting the benchmark interest rate to 0.5% in July 2015, the Bank of Canada (BOC) has remained largely on the sidelines, as the world’s eleventh largest economy battled plunging oil prices and slowing international demand.
Read more
Canadian Real Estate Investing Continues to Pay Dividends
Real estate investing in Canada continues to pay dividends, with growth in house prices far outpacing gains in equities over the past 12 months.
Read more
When (and How) to Use Second Mortgages
If you’re a homeowner, deciding whether to extract equity from your property is one of the most important decisions you’ll ever make. If you leave your existing first mortgage intact, and look to add another loan on top, this is what is known as a second mortgage. This is a potentially powerful financing options for homeowners with a lot of equity or those struggling to qualify for an unsecured loan.
Read more
Canada’s Housing Market Review: March 2016 Edition
Canada’s housing market remained robust in March, as demand for multi-unit dwellings trumped rising unemployment and slower wage growth that could make it more difficult for households to afford homes.
Read more
Snapshot of Canada’s Residential Mortgage Market
Canada’s housing market continued to prove its resilience in 2015, as the combination of rock bottom interest rates and a competitive finance system outweighed the negative shock of plunging oil prices on the economy. Actual home sales rose 10% on a year-over-year basis in December,[1] with first-time homebuyers representing a growing share of the residential mortgage market.
Read more
Best Cities in Canada
It can be very difficult to pick any one “best city” in this beautiful country. How do you decide? Do you go by weather? Housing values? Employment numbers? For our purposes we first went mainly by size, in both land size and/or population, and then discovered a recurring trend. The biggest cities in Canada also…
Read more
The Economy, Debt and You
Canadian Debt Infographic: The Economy Debt, and You It’s no secret that Canada’s national public debt has taken a huge hit during that last several years and that that has trickled down into households, and the average debt per capita. But just how has our country gotten into so much debt? And what does this…
Read more
Contact Us
Contact us today to set up an appointment.