February 2022

Understanding Fixed vs Variable Rate Mortgages

Posted on Feb 09, 2022 in Mortgages

fixed vs variable rate mortgages
In 2022, financial experts have been homing in on mortgage rates. Market analysts believe the Bank of Canada (BoC) will raise interest rates. The debate among housing observers, economists and investors is by how much. And with all this talk of fixed vs variable rate mortgages, what is the difference between the two products anyway? Let’s explore.

W...

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10 Tips for Getting the Best Mortgage Rate in Canada

Posted on Feb 09, 2022 in Mortgages

best mortgage rate in Canada

When you purchase a home, a down payment is typically applied to the purchase price, and the balance is to be paid off over your term of the mortgage. The loan you receive from a lender in order to pay for the house is called a mortgage.

Simply put, a mortgage is a legal and binding agreement between a lender and a borrower for a specific amount of...

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Top 8 Winter Home Energy Solutions

Posted on Feb 09, 2022 in Home Ownership, Maintenance, & Repairs



Energy bills can get dramatically high, especially during Canada’s cold winter months. There are, however, steps you can take to conserve energy and save money at the same time. Below are our top eight Winter Home Energy Solutions.

8 – Turn Down the Temperature
When you’re away from your house for a few days, you don’t need to keep the heat cranked u...

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What Happens at a House Showing?

Posted on Feb 09, 2022 in Selling



What happens at a house showing? This important question has historically been eclipsed by others like, “How much should we list for?” and “How long will it take to sell?” However, COVID-19 has home many sellers considering showings from a different perspective, with extra attention paid to safety, convenience and current best-practices (think tech...

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Demystifying Canada’s First Time Home Buyer Incentive (2021)

Posted on Feb 08, 2022

Canada’s First Time Home Buyer Incentive


How does the First Time Home Buyer Incentive work?

For buyers who qualify, the government puts up five per cent of the price of a resale home, or either five or 10 per cent of the price of a newly constructed home. The incentive is a second mortgage on the title of the property, but no regular principal paymen...

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