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Enhanced Protection Introduced for New-Home Buyers in Ontario

Enhanced Protection Introduced for New-Home Buyers in Ontario

by Marco Abballe | Feb 19, 2021 | Blog, Finance, Homeownership

  For many Ontarians, buying a new home represents a more suitable option than buying resale. The residential construction industry represents one of the largest sectors in the country, with the Canadian Home Builders’ Association reporting that 25% of all homes...
What are My Mortgage Rate Options?

What are My Mortgage Rate Options?

by Marco Abballe | Feb 5, 2021 | Blog, Economy, Finance, Homeownership, Mortgage

While the interest rate isn’t the only consideration to keep in mind when choosing the mortgage that best meets your needs, it’s important to understand your options. The interest rate will have a direct impact on the overall cost of your mortgage – the higher the...
What’s an Alternative Mortgage Lender?

What’s an Alternative Mortgage Lender?

by Marco Abballe | Jan 15, 2021 | Blog, Economy, Finance, Homeownership, Mortgage

It’s always great to have an alternative option, right?! This theory holds true when it comes to your mortgage choices as well – the broader selection your mortgage agent offers, the more likely you’ll be to secure a mortgage that meets your unique needs.   An...
Don’t Forget Monthly Carrying Costs When Buying a Home

Don’t Forget Monthly Carrying Costs When Buying a Home

by Marco Abballe | Dec 18, 2020 | Blog, Finance, Homeownership, Mortgage

Ensuring homeownership remains an affordable option stretches well beyond monthly mortgage payments. There are numerous recurring expenses known as ‘carrying costs’ that help you maintain your investment and, therefore, must be factored into your budget to avoid...
How Do I Know How Much I Can Spend on a Home?

How Do I Know How Much I Can Spend on a Home?

by Marco Abballe | Dec 5, 2020 | Blog, Economy, Finance, Homeownership

Determining what you can comfortably afford to spend on a home is important to define well before you head out home shopping. Otherwise, you could waste time looking at homes that stretch you outside your financial comfort zone or, worse yet, are completely beyond...
Why Do We Pay Property Taxes?

Why Do We Pay Property Taxes?

by Marco Abballe | Oct 16, 2020 | Blog, Economy, Finance, Homeownership

Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work.   Property taxes represent a key source of funding for municipalities...
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