by Marco Abballe | Jun 7, 2019 | Economy, Finance, Mortgage
There are numerous costs associated with buying a home. While the most common expenses that come to mind include down payment, moving and real estate commissions, there are also additional fees you must pay when the deal closes, known as closing costs. The term...
by Marco Abballe | May 29, 2019 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent Canadian economic data are in line with the projections in the Bank’s April Monetary Policy...
by Marco Abballe | May 25, 2019 | Blog, Economy, Finance, Mortgage
Every six weeks, the Bank of Canada (BoC) meets to decide which direction, if any, interest rates should take. The state of the economy, inflation, household debt and commodity prices are just some of the factors that play a role in this decision. In order to...
by Marco Abballe | May 17, 2019 | Blog, Finance, Homeownership
Establishing and maintaining a strong credit score is vital when you’re looking to buy a home or renew/refinance your current mortgage. If you haven’t already done so, it’s important to start building your credit history, which is used by lenders to asses your...
by Marco Abballe | May 10, 2019 | Blog, Finance, Homeownership, Mortgage
You’ve moved to Canada and settled into your new surroundings. Now you’re considering buying a home and establishing roots. But where do you start? Working with a mortgage agent is your first step, as we understand the ins and outs of New to Canada mortgage...
by Marco Abballe | May 3, 2019 | Blog, Economy, Finance, Mortgage
If you’re in the market to buy a home, chances are you’ve already done some preliminary research and discovered there are many different types of lender options – each offering their own unique perks. Historically, securing a mortgage in Canada meant borrowing...
by Marco Abballe | Apr 24, 2019 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth has slowed by more than the Bank forecast in its January Monetary Policy...
by Marco Abballe | Apr 21, 2019 | Homeownership
With the spring market in full swing and temperatures beginning to rise, many homebuyers are thinking about what type of home they’d like to purchase. When searching for your perfect home, there are a number of important factors to consider, including desired...
by Marco Abballe | Apr 12, 2019 | Economy, Finance, Homeownership, Mortgage
When you’re in the market for a mortgage, it’s important to understand the value of working with an independent mortgage agent who can offer you a full spectrum of solutions catered to your unique needs. Homeownership has become increasingly difficult for many...
by Marco Abballe | Apr 5, 2019 | Announcements, Blog, Economy, Finance, Homeownership, Mortgage
Great news for first-time buyers! In mid-March, the federal government delivered the 2019 budget, which included an increase to this popular incentive program. Housing availability and affordability have become increasingly difficult for many Canadians, which is why...
