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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...
Examining Co-ownership – an Alternative to Traditional Homebuying

Examining Co-ownership – an Alternative to Traditional Homebuying

by Marco Abballe | Oct 1, 2021 | Blog, Economy, Homeownership, Mortgage

For most people, the pursuit of homeownership is a journey worth taking, but the requirements for making it to the finish line can prove difficult. This holds true during normal circumstances but, in the midst of a global pandemic, the process has become even more...
Boomer Homebuying and Renovation Advice

Boomer Homebuying and Renovation Advice

by Marco Abballe | Aug 20, 2021 | Blog, Homeownership, Mortgage

“OK boomer”. This common, cross-generational catchphrase with a hint of affection and a heap of irony is used by younger generations when speaking to those whose opinions and outlooks are perceived to be out of touch. Just the same, Canada’s boomers (aka Baby Boomers)...
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