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What’s a Rate Hold & When Do I Need One?

What’s a Rate Hold & When Do I Need One?

by Marco Abballe | Feb 18, 2022 | Blog, Homeownership, Mortgage

Since rates are expected to begin rising and continue on the incline throughout 2022, if you’re planning to buy property anytime soon, it makes sense to secure a rate hold so you don’t have to worry about missing out on the best rate while you’re home shopping. A rate...
2022 Forecast – Interest Rates, Inflation & Housing

2022 Forecast – Interest Rates, Inflation & Housing

by Marco Abballe | Feb 4, 2022 | Announcements, Blog, Homeownership, Mortgage

In its first policy interest rate announcement of the year – on January 26th – the Bank of Canada (BoC) maintained its current record-low rate of 0.25%. The decision was in line with 2021 forecasts that a rate hike would occur in the second or third quarter of 2022....
How to Prepare for Higher Interest Rates

How to Prepare for Higher Interest Rates

by Marco Abballe | Jan 7, 2022 | Blog, Economy, Homeownership, Mortgage

For its final announcement of the year – on December 8th, 2021 – the Bank of Canada (BoC) maintained its target overnight interest rate at 0.25% with the expectation that a rate hike would occur in the second or third quarter of 2022, possibly in time for the spring...
Is Multigenerational Living Right for Your Family?

Is Multigenerational Living Right for Your Family?

by Marco Abballe | Dec 3, 2021 | Blog, Homeownership

Multigenerational living is more popular than ever before during the current real estate boom as more Canadians pool their resources with parents or grandparents and buy a single property to make homeownership more affordable.    Multigenerational homes enable...
Good News if You’re Planning Home Renovations or a New Build!

Good News if You’re Planning Home Renovations or a New Build!

by Marco Abballe | Nov 5, 2021 | Blog, Economy, Homeownership

They say that money doesn’t grow on trees but, over the last 20 months, it started to feel as though maybe it did. If you were one of thousands of Canadians who thought of building a new house or renovating your existing home after the global pandemic hit, you know...
Buying vs Renting Your Home is More Economical

Buying vs Renting Your Home is More Economical

by Marco Abballe | Oct 15, 2021 | Blog, Homeownership

Experts are continually weighing in on the age-old debate of whether it makes more sense for Canadians to buy or rent your home. While buying a home in many parts of the country is a tall order, if you can afford it, you’ll be better off financially compared to...
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