2020 was one of the most strangest year’s ever as we all know. One of those strange things was how amazingly busy the market was, even with a couple month break due to shut downs and so forth. I was still able to, with the help of my amazing clients, friends and family, achieve a […]
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New Benchmark Rate For Qualifying Insured Mortgages
The new qualifying rate will be the mortgage contract rate or a newly created benchmark very close to it plus 200 basis points, in either case. The News Release from the Department of Finance Canada states, “the Government of Canada has introduced measures to help more Canadians achieve their housing needs while also taking measured […]
What’s In Store For 2019
Our own Dr. Sherry Cooper gives us her stance on how 2019 will be for Canada. At the start of every New Year, pundits posit the forecast as everyone wonders what the year will bring. While no one has a crystal ball, here are some fundamentals at play this year: 1). Canada’s economy will continue […]
Buying Rural; 6 Things to Know Before You Buy
Living in the country has extreme appeal for some people. Space, peace and quiet, big home, big yard, place to raise your family… the list goes on. If you are considering buying a rural home, there are a number of things to consider, not the least being how different it is to get a mortgage. […]
Tax Surprises When Buying or Selling a Vacation Property
Buying a second home is a major undertaking and it is important to consider all of the tax implications when entering into such a significant transaction. What will you do with the property? Will it be exclusively for your family’s use or do you want to rent it out when you are not using it? […]