This time of year always brings questions about property taxes.  Most people have received notices at this point and here are a couple reminders: If you live in your property, you need to claim the Home Owners Grant.  Usually column B on your notice.  You can often claim the grant online on your cities website […]

Canada’s major real estate boards reported May results last week. The news was generally good with sales and prices up but low inventories are still creating difficult conditions for buyers in Calgary and Toronto.   The Bank of Canada left its key overnight rate at 1% last week and its commentary contained no indication of […]

Canada’s major real estate boards reported May results last week. The news was generally good with sales and prices up but low inventories are still creating difficult conditions for buyers in Calgary and Toronto.   The Bank of Canada left its key overnight rate at 1% last week and its commentary contained no indication of […]

On Friday, we learned that Canada’s two private mortgage insurers, Genworth and Canada Guarantee, will not match the changes CMHC announced to its product line-up the week before. But they will each modify their Second Home products by restricting eligible properties to one unit.   The Vancouver and Calgary real estate boards reported April results […]

Since most couples have a joint mortgage – one where both names are on the mortgage and title of the home – when separation or divorce proceedings get underway, many wonder what will happen with the home. When the marriage comes to an end, there are two obvious options concerning the home: 1) sell the […]

If your Mortgage is up for renewal in the next few years, it’s never too early to prepare so that you are sure to get the lowest rate in the market at that time.  Your mortgage rate can be held for up to 120 days prior to the actual maturity date.  Lenders will not usually […]

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Most Canadians do not fully understand how credit scores are generated yet they are the most important determining factor when being approved for a mortgage.  If you need to improve your credit score and make a quick impact, here are 5 ways to do it quickly and effectively.  ~Pay All Bills on Time – Late […]

The first is that the 2.99% BMO five-year mortgage isn’t quite as good as it sounds.  The media blasted the low rate and it triggered home owners and buyers to jump at it.   BMO’s recent move to bring its rate below the psychologically significant 3% mark for fixed-rate five-year mortgages is being treated as a […]

Call me for help!  Often I will talk to clients about either an upcoming mortgage renewal or details surrounding their mortgage, and through discussion they express to me the stress they’ve been feeling with either high debts or interest.  If you are in this situation, call me, there are so many solutions and ways that […]