Refinancing Options For Homeowners Amid Rising Interest Rates
Since the beginning of 2022, the Bank of Canada (BoC) has been taking measures to control inflation in the Canadian economy. They are doing this by raising interest rates and reducing their holdings of government and corporate bonds and mortgage-backed securities. As a result, interest rates in Canada have reached their highest levels since before […]
Will The Toronto Real Estate Market Crash Soon?
That’s the question on everyone’s mind as the Toronto real estate market shows signs of change. However, with rising interest rates, decreased demand, and more listings, Toronto’s housing market is becoming more balanced. Recent data from the Toronto Regional Real Estate Board (TRREB) reveals that residential property sales dropped nearly six percent in October compared […]
Need More Space in your Home but don’t have a Budget to incur more monthly Debt – Listen to our solution!
Did you know that you can upsize your home without incurring more debt? It may sound too good to be true, but it’s entirely possible. Many homeowners find themselves needing more space but worry about the financial burden that comes with upgrading to a larger home. However, there are strategies and smart decisions you […]
Market Update Feb 16, 2023
Feb 16, 2023 -Aggressive interest rate hikes have invaded our territory and many people are looking for more affortable housing to offset the higher borrowing costs. At the same time, many have decided to sit back and watch as the uncertainity of the war in Ukraine unfolds and raging inflation continues to change our world […]