What the Bank of Canada’s Interest Rate Hikes Mean for Homeowners

Posted on Nov 01, 2022 in Market Conditions

What the Bank of Canada’s Interest Rate Hikes Mean for Homeowners

In 2022, the Bank of Canada (BoC) has been raising interest rates at the fastest and most significant pace since 1998. In July, the organization increased the benchmark rate to 2.5 per cent for the first time since 2009, when the global economy was coming out of the financial crisis. Here’s what the Bank of Canada’s interest rate hikes mean for hom...

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How Do You Buy a House Before Selling One?

Posted on Oct 19, 2022 in First-Time Buyers

How Do You Buy a House Before Selling One

The COVID-19 pandemic certainly turned Canada’s housing market on its head. Many had anticipated a significant crash in the early days of the coronavirus public health crisis, but the opposite transpired, with a big change in consumer buying and selling patterns. Many Canadian homeowners experienced enormous equity gains on their residential proper...

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How To Get a Mortgage When You’re Self-Employed

Posted on Oct 10, 2022 in Mortgages

How To Get a Mortgage When You’re Self-Employed

Despite the coronavirus pandemic leading to a so-called Great Resignation that has produced a labour shortage in North America and Europe, fewer Canadians are embracing entrepreneurship, bucking the growing trend south of the border. Before the global health crisis, there were close to 2.9 million self-employed Canadians. Today, Statistics Canada d...

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Why Fall Might Be the Best Time to Sell Your Home

Posted on Oct 10, 2022 in Market Conditions

Best Time to Sell Your Home_autumn

About the time pumpkin spice lattes hit the menu at your local café you may want to have your house ready to hit the market. Why? Next to spring, fall is arguably the best time to sell your home. In fact, it may even have some advantages over the spring market. Read on to learn why fall might be the best time to wear plaid, indulge in everything pu...

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Is Affordability In Sight for the Canadian Housing Market?

Posted on Oct 07, 2022 in Market Conditions

Canadian housing market

Affordability is a hot topic in Canadian housing market. Rising interest rates, intended to combat inflation, are significantly impacting homebuyers and in turn, sellers. Thus, home prices have begun to moderate from their record highs, but any savings is being offset by the higher cost of borrowing. It is no surprise that affordability is such a f...

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Building Credit History with Rent Payments

Posted on Oct 06, 2022 in Renting

Building credit history professional advice

It only takes a few bad decisions or a few months of hard times before your credit score plummets, and once it’s low, it can be very difficult to build it back up. Sometimes it isn’t enough to just make payments on time, and you might need a little help with building your credit history.

An easy way to help build up your credit score is by incorpora...

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