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Bank of Canada Rate Announcement April 24th, 2019

Bank of Canada Rate Announcement April 24th, 2019

by Zohreh Fayaz | Apr 24, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth has slowed by more than the Bank forecast in its January Monetary Policy...
RRSP Home Buyers’ Plan Gets a Boost

RRSP Home Buyers’ Plan Gets a Boost

by Zohreh Fayaz | Apr 5, 2019 | Announcements, Blog, Economy, Finance, Homeownership, Mortgage

Great news for first-time buyers! In mid-March, the federal government delivered the 2019 budget, which included an increase to this popular incentive program. Housing availability and affordability have become increasingly difficult for many Canadians, which is why...
Buying Your First Home? Check Out these Incentives & Rebates

Buying Your First Home? Check Out these Incentives & Rebates

by Zohreh Fayaz | Mar 18, 2019 | Blog, Finance

As a first-time homebuyer, you can use all the financial help you can get! That’s why it’s important to be aware of the various programs available to offset homebuying costs as well as help fund your down payment, which can prove challenging. 5 Key Programs to Keep in...
Bank of Canada Rate Announcement Mar 6th, 2019

Bank of Canada Rate Announcement Mar 6th, 2019

by Zohreh Fayaz | Mar 6, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent data suggest that the slowdown in the global economy has been more pronounced and widespread...
Consolidate Your High-Interest Debt into Your Mortgage

Consolidate Your High-Interest Debt into Your Mortgage

by Zohreh Fayaz | Mar 1, 2019 | Blog, Finance

Debt is a big concern for many Canadians, especially since the cost of living is often rising quicker than our salaries. Although we do our best to be fiscally responsible and smart money managers, it isn’t always easy. Unforeseen circumstances and life situations...
Own a Newly-Built Home? Don’t Forget About the Warranty!

Own a Newly-Built Home? Don’t Forget About the Warranty!

by Zohreh Fayaz | Feb 22, 2019 | Blog

Own a Newly-Built Home? Don’t Forget About the Warranty! If you’ve purchased a newly-constructed home, it goes without saying that everything – from the construction materials to plumbing and electrical systems – is new. Nevertheless, this doesn’t rule out the...
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