PEI Mortgage Guy | Get the Best Rates on PEI and Expert Advice

Soubhi Abla || November 23, 2021

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...

Soubhi Abla || October 27, 2021

A Snapshot of the Canadian Mortgage Market

Mortgage debt is rising at its fastest pace in over 10 years, yet arrears have fallen to record lows. Meanwhile, more mortgage shoppers are opting for variable rates and a growing...

Soubhi Abla || September 29, 2021

Mortgage Volumes Post Record Growth

Mortgage volumes posted their highest-ever rate of growth in the second quarter, driven in large part by historically low mortgage rates and a strong housing market. Compared to the second...

Soubhi Abla || July 19, 2021

Will High Inflation Prove to be Temporary? The Bank of Canada Thinks So.

Inflation in Canada is now expected to run a full percentage point above the Bank of Canada’s (BoC) target of 2% through the end of the year. But the central bank believes—for now at least—that...