by Kara Herbeson | Sep 17, 2021 | Blog, Homeownership, Mortgage
When people say it takes a community to raise a family, a similar mentality can be applied to the importance of surrounding yourself with a team of experts before you begin your homeownership journey. Buying a home is a huge milestone and among the largest...
by Kara Herbeson | Sep 3, 2021 | Blog, Homeownership
Building a new property from the ground up is an exciting challenge as you get to customize your home based on your family’s specific wants and needs. The building process as well as construction financing is much different than the typical homeownership journey, so...
by Kara Herbeson | Aug 20, 2021 | Blog, Homeownership, Mortgage
“OK boomer”. This common, cross-generational catchphrase with a hint of affection and a heap of irony is used by younger generations when speaking to those whose opinions and outlooks are perceived to be out of touch. Just the same, Canada’s boomers (aka Baby Boomers)...
by Kara Herbeson | Aug 6, 2021 | Blog, Homeownership, Mortgage
There are many social and cultural factors that influence homebuying trends, but perhaps none more so than the period of time we were born. Connected by shared values, attitudes and behaviours, generational groups tend to make decisions based on their place in the...
by Kara Herbeson | Jul 16, 2021 | Announcements, Blog
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate....
by Kara Herbeson | Jul 2, 2021 | Blog, Homeownership, Mortgage
If you’ve missed mortgage payments or you’re anticipating difficulties moving forward, you should always deal with this as early as possible. Periods of financial difficulty are not uncommon and there are several options available to avoid an ultimate foreclosure....
by Kara Herbeson | Jun 18, 2021 | Blog, Homeownership, Mortgage
As a homeowner, refinancing your mortgage allows you to capitalize on lower interest rates, access your home’s equity, consolidate debt or even reduce your monthly payments. In simple terms, a mortgage refinance involves breaking your current loan agreement and...
by Kara Herbeson | Jun 4, 2021 | Blog, Homeownership, Mortgage
If you’re applying for a new credit card or even a job, taking out a loan or buying a new vehicle or home, a credit check will most likely be conducted to determine your creditworthiness. This helps determine if you’re dependable and able to pay back money you borrow....
by Kara Herbeson | May 21, 2021 | Blog, Economy, Finance, Homeownership, Mortgage
In today’s unconventional housing market, where inventory is low, competition is fierce and bidding wars are common, obtaining a mortgage preapproval has never been more important. In the face of multiple offers and fast-paced decisions, having a preapproval in hand...
by Kara Herbeson | May 7, 2021 | Blog
Labelled one of the most widely anticipated and important budgets of our time, Budget 2021, delivered on April 19th, lived up to its promise. The first budget in over two years and first since the outbreak of the global pandemic, Budget 2021: A Recovery Plan for Jobs,...
