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Rate Update
The Bank of Canada dropped its overnight rate down by 0.50% as a response to the global economic slowdown resulting from the Covid-19 crisis Bank...
How does this new “Stress Test” Affect Me?
From the day I started here at Personal Mortgage Group 8 years ago, I have been talking about the “stress test”. It is an integral part of the...
Residential Housing Market Update: It’s a Seller’s market no matter where you go.
Greater Hamilton-Burlington Area According to data released March 3 by the Realtors Association of Hamilton-Burlington, year over year sales...
Geothermal Heating: Good Value or taking one for the team?
Hello clients, it’s your old pal Bitey the sad polar bear. I am here to talk to you about stuff that is super important to me; geothermal homes and...
Suzanne is Officially Retiring
After nearly thirty years at the helm of The Personal Mortgage Group, Suzanne is “retiring”. I put the term retiring in quotes because, as any of...
Canadian Economic Update
Here's the Economic Update: We were lucky enough to hear a presentation on rates from CIBC’s Chief Economist Benjamin Tal on Monday morning at the...
National Mortgage Conference, 2019
PMG attends the National Mortgage Conference in Toronto, Nov 17-18. Joining over 1,200 delegates over two days at the Metro Toronto Convention...
20 Years at 233 Queen Street South
Time flys! It has been 20 years since I bought our office building at 233 Queen Street South. My, that was a time to remember. I had just bought our...
Trade Disputes Dampening the Economy
The ongoing US-China trade dispute will continue to play a major role in dampening the US economy. According to Benjamin Tal’s recent article, more...
Lawyers, A Client’s Experience
Lawyers Amiright? (insert tired lawyer joke here) After the recent experience of one of my clients purchasing their first home, I was inspired to...
Variable Rate Update: July 2019
There is a general consensus among CDN economists is that we can expect a 0.25% rate drop in the next year, which would bring Prime from 3.95% to...
The Summer 2019 Market: A word to First-Time Buyers
A Word to First Time Buyers, It has been a bit of a rough time for first time home buyers in the past year and a half. With the fixed terms going...
The Summer 2019 Market: A Word to Vendors
A Word to Vendors, Well, the government’s objectives at dropping the housing market worked. It was a rough start to this year but with the spring...
Understanding the Spring 2019 Market
We recently held a super fun first-time buyers event at Donut Monster in January that was very well received. Outside of the mortgage discussions,...
An Update from Chris!
Welcome to the World, Zack Spring Renovation Season Chris is a new Dad! We at PMG wanted to share the announcement that Chris and his wife Jenn...
