Unlocking Homeownership: A Guide to Canadian First-Time Homebuyer Incentives

Welcome to Post for Canadian first-time homebuyers! I’m thrilled to guide you through this exciting journey towards homeownership. In this edition, we will explore some select buyer incentives that can significantly impact your buying experience. From understanding the nuances of the First-Time Home Buyer Incentive (FTHBI) to navigating the Newcomer Housing Programs, I’m here to … Read more

Financing Your Future: A 2023 Mortgage Recap

Year-End Mortgage Wrap-Up: Insights and Outlooks As we approach the end of 2023, I wanted to take a moment to reach out and reflect on the year that has passed. It has been a year filled with both challenges and opportunities in the Canadian housing market, and I am grateful for the trust and confidence … Read more

Optimize Your Mortgage Renewal: The Strategic Advantage of Early Consultation

Elevate Your Financial Appeal: Your Key to Better Mortgage Terms In the quest for the best mortgage renewal terms and rates, an often-overlooked strategy is ensuring your financial profile is attractive to competing lenders well ahead of the renewal date. This is where early discussions with your me, you broker become invaluable. These discussions don’t … Read more

Leaving the City, but Keeping the Job

Hi Everyone, I have recently been coming across a large number of clients in this situation so I thought I’d dedicate a blog entry to it. Wanting to buy a house and willing to move, but tied to their current job. Like many of my generation (and others), the large gains to be made from … Read more

Prime Rate Increases to 3.95%

The Bank of Canada decided to increase the overnight lending rate to 1.75% on October 24th 2018. This is the interest rate that the Bank of Canada charges the Chartered Banks to borrow money, which they need to do frequently in order to balance their books at the end of each day. The costs of … Read more