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How Does the New First-Time Home Buyer Incentive Program Work?

How Does the New First-Time Home Buyer Incentive Program Work?

by Zohreh Fayaz | Jul 12, 2019 | Blog, Economy, Homeownership, Mortgage

Over the past several years, it has become increasingly difficult for many people, particularly first-timers, to enter the housing market. This is due to a variety of factors, but most notably tighter mortgage rules implemented by the federal government – including...
Bank of Canada Rate Announcement July 10th, 2019

Bank of Canada Rate Announcement July 10th, 2019

by Zohreh Fayaz | Jul 10, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. Evidence has been accumulating that ongoing trade tensions are having a material effect on the global...
Why Did My Neighbour Get a Better Rate?

Why Did My Neighbour Get a Better Rate?

by Zohreh Fayaz | Jul 5, 2019 | Blog, Finance, Homeownership, Mortgage

You’re in the market for a mortgage and you want to find the best rate. Your neighbours have been bragging about their low rate and you want the same. Since everyone’s situation is different, however, and there’s no one-size-fits-all option, it’s best to avoid making...
How Do Mortgage Brokers & Agents Get Paid?

How Do Mortgage Brokers & Agents Get Paid?

by Zohreh Fayaz | Jun 28, 2019 | Blog, Finance, Homeownership, Mortgage

You’re ready to buy a home and you’ve laid out the groundwork to formulate a successful mortgage strategy. Your next step is to consult with a professional mortgage broker or agent who will guide you through the entire process of obtaining your mortgage to help...
More Single Women are Buying Homes

More Single Women are Buying Homes

by Zohreh Fayaz | Jun 21, 2019 | Finance, Homeownership, Mortgage

Housing market trends are constantly changing. Factors such as the economy, house prices, inflation and interest rates all play a role in market fluctuations. Just as important, however, is the role of the individual buyer and, today, one of the most influential and...
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