Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, Planning Your Move, Self Employed
The Bank of Canada (BoC) decided to increase their rate by another 0.50% on October 26 in their continuing effort to tame inflation. Many market watchers had been anticipating 0.75% and while this could be perceived as a slowing of these increases, many are still predicting another 0.25% to 0.50% increase in December when the BoC meets again. Although the most recent increase is in line with what we expected in our last blog post, the pain is real. Initially we were referring to the inflation situation as a once in a five year occurrence. At this point we’re referring to this as a once in a generation occurrence. Some of you will remember this but, the last time we saw anything approaching... Read more »
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...
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...
Financial Tune Up, First Time Home Buyer, In the News
Is now finally the time to consider locking in? What a time of uncertainty! With the kids heading back to school in September, nearly all of the conversations we are having right now loopback at some point to the potential threat of a second wave. That second...
Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, Planning Your Move, Uncategorised
Ok so maybe it’s too soon to stop worrying altogether. Although, after many weeks of uncertainty, it looks as though economists are sallying forth with fresh predictions about what a recovery will look like. After a very strong first quarter in housing, all bets are...
Financial Tune Up, First Time Home Buyer, Philosophy on Financial Wellness
Refinancing during COVID, is it a good idea? Our lender’s partners are continuing to operate and we are here to help. Whether that’s for a deferral of a mortgage payment or a consolidation of accumulated debt in a refinance. Or is it worth considering a...
