My Mortgage Blog — Latest Posts
Will the Bank of Canada Hike Early on Inflation Concerns?
Earlier this week, we learned that Canada’s headline CPI inflation rose to a 30-year high of 4.8% in December. That had a number of economists concerned, with many saying the...
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Home Surtax Explored as Prices Continue to Rise
As new home prices marked the 20th consecutive month of growth, a new report backed by Canada’s housing agency called for a new annual tax to help address affordability. The...
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Mortgage Amortization
When you shop around for a mortgage, you need to decide on the mortgage term and amortization period.The term and amortization impact: -Your overall costs. -Your interest rates. -Your regular...
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What is a FIRM OFFER??
An offer that is direct, without any conditions. ⁠⁠The buyer makes a firm offer when they are 100% certain about purchasing a home. ⁠⁠Once the offer is made, the BUYER is legally obligated to follow...
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