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The Canadian Real Estate Market is Hot!

The Canadian Real Estate Market is Hot!

by Marco Abballe | Aug 21, 2020 | Blog, Economy, Finance, Homeownership, Mortgage

The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
Buying a Home for University or College Students

Buying a Home for University or College Students

by Marco Abballe | Jun 26, 2020 | Blog, Economy, Homeownership

For most parents, watching their children head off to college or university causes a wide range of emotions. Hopes and happiness are mixed with worries and sadness and the adjustment can be very difficult.    Emotions aside, there is also the weight of the...
What Do You Need to Be Preapproved for a Mortgage?

What Do You Need to Be Preapproved for a Mortgage?

by Marco Abballe | Jun 19, 2020 | Blog, Economy, Homeownership, Mortgage

Before you head out home shopping, it’s important to first determine how much you can comfortably afford to spend. Not only will getting your mortgage agent to arrange a pre-approval help you understand what lenders look for when granting you a home loan, but it will...
Have Interest Rates Bottomed Out?

Have Interest Rates Bottomed Out?

by Marco Abballe | Jun 12, 2020 | Blog, Economy, Homeownership, Mortgage

While interest rates shouldn’t be your sole focus when securing a mortgage, they do represent an important part of the financing equation.    Since the COVID-19 pandemic began, the Bank of Canada (BoC) has announced several unscheduled benchmark rate reductions....
When Does it Make Sense to Refinance Your Mortgage?

When Does it Make Sense to Refinance Your Mortgage?

by Marco Abballe | May 22, 2020 | Blog, Finance, Homeownership

There are a number of reasons why refinancing your mortgage before your current term is up makes good financial sense. The most popular ones include taking advantage of lower rates or using your home equity to consolidate debt, fund renovations, ease cashflow or even...
Are You Ready to Buy Your First Home?

Are You Ready to Buy Your First Home?

by Marco Abballe | May 15, 2020 | Blog, Homeownership, Mortgage

Am I ready now? How will I even know when I’m ready? Buying your first home is exciting and scary all at the same time. Much like other major milestones, such as getting married and starting a family, there’s really no such thing as being completely ready. But when...
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