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...
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, 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...
Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, In the News, Philosophy on Financial Wellness
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 Prime was at 3.95% and will be dropping to 3.45%.For variable rate clients, you can expect to see your rate drop at the...
Financial Tune Up, First Time Home Buyer, Improving Your Home, Philosophy on Financial Wellness, Uncategorised
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 green technology! Increasingly, environmentally conscious homeowners are looking to new products and technologies to...
