Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, Improving Your Home, In the News, Philosophy on Financial Wellness, Planning Your Move
Hey remember this guy? – How to score when the goal posts won’t stay still. We wanted to take a beat and wait for the Big 5 economists to weigh in on the Bank of Canada’s most recent 1.00% increase. They must be as surprised as we were because they have not yet updated their analysis to reflect the higher than expected rate increase. Any of you currently on a variable mortgage will by now be feeling the effects of the Bank of Canada’s aggressive rate increases. Although analysts were predicting a 0.75% rate increase last week, the BoC made real waves by increasing a full percentage point. As always, the question is how high can they go without putting the Canadian families... Read more »
Expanding Real Estate Portfolio, First Time Home Buyer, In the News, Philosophy on Financial Wellness, Planning Your Move, Self Employed, Successful Retirement Planning
With inflation numbers coming in higher than expected fuelled by a number of factors including supply pressures, lockdowns in China and even the war in Ukraine, the BoC has committed to increasing their rate very aggressively until they have achieved their “neutral...
First Time Home Buyer, In the News, Planning Your Move, Self Employed
Ok, we get that it’s hard to love higher rates but hear us out… Most of our clients with variable rate mortgages have seen rates rise before. Many of you had higher rates before you have enjoyed historic lows over nearly the last two years. We’re taking...
In the News, Uncategorised
There has been a lot of speculation recently on what a post-COVID world will look like as it pertains to interest rates. The hawks out there insist the economy is going to blast off into the stratosphere on the back of a year and a half of pent up demand and people...
Financial Tune Up, Improving Your Home, In the News, Philosophy on Financial Wellness
For homeowners who’ve been craving more control over hydro expenses, you’ve been heard. If you’re a homeowner who currently pays Time-of-Use (TOC) electricity prices you can now switch to Tiered prices (if you’d prefer it). Both models have merit. And having the...
Expanding Real Estate Portfolio, First Time Home Buyer, Improving Your Home, In the News
Hello everyone, It’s Suzanne Boyce the former owner, and while that may be the case, I’m not quite out to pasture yet. Though I must say, COVID has certainly made it feel that way some days! We at PMG wanted to give everyone the heads up that the price of construction...
