Mortgage Renewals in Early 2025 – Where Might Rates End Up?
May 4, 2025 | Posted by: Harold Hagen
A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ... [read more]
April 16 - 2025 - Bank of Canada holds policy rate at 2.75%
April 16, 2025 | Posted by: Harold Hagen
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The major shift in direction of US trade policy a ... [read more]
Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know
April 5, 2025 | Posted by: Harold Hagen
You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence interest rates, which impacts mortgage payments and ... [read more]
Pros & Cons of Paying Off Your Mortgage Before Retirement
March 21, 2025 | Posted by: Harold Hagen
If retirement is approaching, you may be considering whether it's wise to pay off your mortgage early. As with many significant financial decisions, there isn't a one-size-fits-all answer. However, ... [read more]
March 12-2025 - Bank of Canada reduces policy rate by 25 basis points to 2.75%
March 12, 2025 | Posted by: Harold Hagen
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with infl ... [read more]
Mortgage Renewal Coming UP and rates higher than 5 yrs ago - Consider increasing your amortization?
March 7, 2025 | Posted by: Harold Hagen
If your mortgage renewal date is approaching, it's important to take action. You might notice something that's hard to ignore: interest rates are significantly higher now than five years ago. You're n ... [read more]
How will tariffs potentially affect Interest rates
February 26, 2025 | Posted by: Harold Hagen
As a mortgage broker in Canada, I often get questions about how global economic events might affect our financial landscape, particularly when it comes to interest rates and the cost of borrowing. One ... [read more]
Is Now the Right Time to Refinance Your Mortgage?
February 5, 2025 | Posted by: Harold Hagen
With interest rates in Canada decreasing, many homeowners are considering whether this may be the ideal time to refinance. Refinancing involves replacing your current mortgage with a new one, idea ... [read more]
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
January 29, 2025 | Posted by: Harold Hagen
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%. The Bank is also announcing its plan to complete the no ... [read more]
Fixed-Rate vs. Adjustable-Rate Mortgages: Which Might Be Right for You?
January 21, 2025 | Posted by: Harold Hagen
Hello there, and welcome! As a mortgage broker here in Canada, I know that diving into the world of mortgages can feel like stepping into a labyrinth of numbers and jargon. Today, let's have a fri ... [read more]
New Year, New Home Goals: Essential Home Maintenance Tips for 2025
January 8, 2025 | Posted by: Harold Hagen
Happy New Year, homeowners! As we enter 2025, it's an ideal time to establish new home goals and ensure that your sanctuary stays comfortable, safe, and valuable. Whether you're a first-time homeowner ... [read more]
Government announces boldest mortgage reforms in decades to unlock homeownership for more Canadians
December 16, 2024 | Posted by: Harold Hagen
Canadians work hard to be able to afford a home. However, the high cost of mortgage payments is a barrier to homeownership, especially for Millennials and Gen Z. To help more Canadians, particularly ... [read more]
Dec 11-2024 - Bank of Canada reduces policy rate by 50 basis points to 3.25%
December 11, 2024 | Posted by: Harold Hagen
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3¾% and the deposit rate at 3¼%. The Bank is continuing its policy of balance sheet no ... [read more]
Is Getting a Home Inspection Worth It? A Canadian Homebuyer's Guide
December 1, 2024 | Posted by: Harold Hagen
Hello there! If you're considering buying a home in Canada, you might wonder whether investing in a home inspection is necessary. After all, purchasing a home is a significant financial commitment, an ... [read more]
Understanding Capital Gains in Canada
November 11, 2024 | Posted by: Harold Hagen
What Are Capital Gains? Capital gains refer to the profit you earn when you sell a capital asset-such as property or investments-for more than its original purchase price. For example, if you bough ... [read more]
Unlocking Home Ownership: What Canadian Homebuyers Need to Know About Property Value
November 4, 2024 | Posted by: Harold Hagen
The Canadian dream of home ownership is evolving. With fluctuating property values and shifting market dynamics, understanding the real estate landscape is more crucial than ever for prospective hom ... [read more]
October 23-2024: Bank of Canada reduces policy rate by 50 basis points to 3.75%
October 23, 2024 | Posted by: Harold Hagen
The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet normalization. ... [read more]
Looking to Sell Your Home? 10 Amazing Tips to Help You Get the Best Value
October 22, 2024 | Posted by: Harold Hagen
Selling a home is a significant financial decision; naturally, you want to secure the best possible value for your property. Whether you're a mortgage broker, real estate agent, or a homeowner looking ... [read more]
Is a Reverse Mortgage Right for You?
October 8, 2024 | Posted by: Harold Hagen
A reverse mortgage is a great financial tool for homeowners over 55 who want to stay in their homes while accessing the value they've built up over the years. It provides additional income, eliminates ... [read more]
Lower Inflation: What are the impacts of this for Canadian homeowners
September 24, 2024 | Posted by: Harold Hagen
As inflation trends downward, many Canadian homeowners ask what this means for their financial future, particularly regarding their mortgage payments. Inflation plays a significant role in shaping int ... [read more]
With Lower Interest Rates, Is Now a Good Time to Refinance My Mortgage?
September 6, 2024 | Posted by: Harold Hagen
With interest rates dropping, many homeowners ask the same question: Is now the right time to refinance my mortgage?* The simple answer? It could be! But as with most financial decisions, a few factor ... [read more]
Sept 4th, 2024 - Bank of Canada reduces policy rate by 25 basis points to 4.25%
September 4, 2024 | Posted by: Harold Hagen
The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is continuing its policy of balance sheet normalization. ... [read more]
How Lower Interest Rates Could Benefit Canadian Homeowners: Is Now the Time to Refinance?
August 23, 2024 | Posted by: Harold Hagen
As a Canadian homeowner, you're probably hearing a lot of buzz about falling interest rates. You might be wondering, "Is this the right time to refinance my mortgage?" The short answer is, it could be ... [read more]
What are Alternative Mortgage Lenders?
August 8, 2024 | Posted by: Harold Hagen
In the dynamic world of real estate, securing a mortgage can often be daunting, especially for individuals with unique financial situations. This is where alternative mortgage lenders come into play ... [read more]
July 7, 2024 - Bank of Canada reduces policy rate by 25 basis points to 4.5%
July 24, 2024 | Posted by: Harold Hagen
The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization. ... [read more]
7 Financial Tips for People Looking to Buy an Investment Property in Canada
July 19, 2024 | Posted by: Harold Hagen
Investing in real estate can be a powerful way to build wealth, but it's essential to approach it with a well-thought-out strategy. Here are seven financial tips to help you purchase an investment pro ... [read more]
Know the warning signs of heat exhaustion and heatstroke
July 17, 2024 | Posted by: Harold Hagen
The hot summer heat is here, and with it comes the risk for heat-related illnesses. Heat-related illnesses can range from mild conditions like heat cramps and rashes to moderate illnesses like heat ex ... [read more]
7 Things to Know When You Are Looking to Purchase a Cottage or Vacation Home
July 8, 2024 | Posted by: Harold Hagen
Purchasing a cottage or vacation home can be an exciting venture, offering a perfect getaway from the hustle and bustle of city life. However, it's essential to approach this purchase with careful con ... [read more]
7 Smart Strategies to Help Save Money on Your Mortgage
June 21, 2024 | Posted by: Harold Hagen
Hello, and welcome to our blog! If you're reading this, chances are you're looking for ways to make your mortgage more manageable. Whether you're a first-time homebuyer or a seasoned homeowner, findin ... [read more]
How Lower Interest Rates Can Impact Your Mortgage: Insights for Canadians
June 7, 2024 | Posted by: Harold Hagen
The Bank of Canada recently made headlines by lowering its interest rates for the first time in over two years. This decision has significant implications for Canadians, particularly t ... [read more]
June 5 - 2024 - Bank of Canada reduces policy rate by 25 basis points
June 5, 2024 | Posted by: Harold Hagen
The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization. ... [read more]
Top Six Financial Challenges Solved By a Mortgage
June 4, 2024 | Posted by: Harold Hagen
While often considered primarily for home purchases, mortgages can provide ongoing financial benefits long after your initial purchase. Here are some strategic ways I use mortgages to support my clien ... [read more]
When to Consider a Private Mortgage: A Guide for Canadian Homebuyers
May 23, 2024 | Posted by: Harold Hagen
Navigating the world of Canadian mortgages can be scary, especially when traditional lenders, like banks and credit unions, close their doors. This is where private mortgages come into play. For ... [read more]
5 Great Ways to Improve Your Credit Score
May 8, 2024 | Posted by: Harold Hagen
As a mortgage professional, we often work with clients who are eager to improve their credit scores. A higher credit score not only increases your chances of getting approved for a mortgage bu ... [read more]
RRSP Home Buyers Plan
April 24, 2024 | Posted by: Harold Hagen
In 2024, the Canadian government made significant changes to the Registered Retirement Savings Plan (RRSP) Home Buyers' Plan (HBP), aiming to make homeownership more accessible, particularly for ... [read more]
Paying off your mortgage early - The Pros and Cons
April 10, 2024 | Posted by: Harold Hagen
Certainly! Paying off your mortgage early is a significant financial decision that many Canadians grapple with. It can be an appealing goal, offering both financial freedom and peace of mind. That sai ... [read more]
April 10-2024 - Bank of Canada maintains policy rate, continues quantitative tightening
April 10, 2024 | Posted by: Harold Hagen
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The Bank ... [read more]
The Impact of Canadian Economic Trends on Mortgage Rates: What You Need to Know
March 27, 2024 | Posted by: Harold Hagen
Navigating the world of mortgages can sometimes feel like trying to predict the weather in Canada: just when you think you've got it figured out, things change. But unlike the weather, understanding ... [read more]
Unlocking the Door to Home Ownership: Simple Tips to Boost Your Credit Score
March 20, 2024 | Posted by: Harold Hagen
Hello, homebuyers and financial enthusiasts! Today, we're diving into a topic that's as crucial as it is misunderstood: your credit score. Think of your credit score like a key. The higher it is, the ... [read more]
Bank of Canada maintains policy rate, continues quantitative tightening
March 6, 2024 | Posted by: Harold Hagen
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Global e ... [read more]
Decorating Your New Home on a Budget
February 28, 2024 | Posted by: Harold Hagen
If you're considering purchasing a new home, you may encounter an unexpected problem. Your old decor doesn't suit your new space. This mismatch between old and new is especially likely when downsi ... [read more]
Managing Your Mortgage Renewal in a High-Rate Environment
February 10, 2024 | Posted by: Harold Hagen
Hello homeowners. With interest rates higher than they have been in many years, many of you might be anxious about your upcoming mortgage renewal. It's completely understandable, and you're not alon ... [read more]
Bank of Canada maintains policy rate, continues quantitative tightening
January 24, 2024 | Posted by: Harold Hagen
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Global e ... [read more]
The Facts About Real Estate Fees
January 10, 2024 | Posted by: Harold Hagen
Understanding the various fees in the Canadian real estate market may seem complicated, but with a little knowledge, you can navigate the process easily. Whether you are buying your first home ... [read more]
Navigating High Interest Rates: Strategies for New Home Buyers Across Canada
December 19, 2023 | Posted by: Harold Hagen
Introduction In today's economic landscape, we're seeing a trend that can be quite intimidating for anyone looking to step into the world of home ownership – high interest rates. But fear not! This ... [read more]
Navigating Your Mortgage: Practical Tips from the Experts
December 14, 2023 | Posted by: Harold Hagen
Managing a mortgage is a journey that requires careful navigation. Mortgage brokers understand the challenges and uncertainties homeowners face when it comes to their mortgage payments. Today's e ... [read more]
Bank of Canada maintains policy rate, continues quantitative tightening
December 6, 2023 | Posted by: Harold Hagen
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The ... [read more]
Navigating the New Normal: How Remote Work is Reshaping the Canadian Mortgage and Real Estate Landscape
December 3, 2023 | Posted by: Harold Hagen
In recent years, we've witnessed a seismic shift in our work lives, notably the rise of remote work catalyzed by the COVID-19 pandemic. This change isn't just about swapping office desks for dinin ... [read more]
Canada's New Updated Mortgage Charter
November 23, 2023 | Posted by: Harold Hagen
The Canadian Mortgage Charter spells out the rights consumers have when they are renegotiating mortgages. It calls on financial institutions to provide better relief measures over the next three y ... [read more]
Understanding Fixed vs. Variable Rate Mortgages
November 15, 2023 | Posted by: Harold Hagen
If you're on the cusp of getting a mortgage, or if you're considering refinancing, you've likely encountered the terms "fixed rate" and "variable rate" mortgage. These are the two primary pathways i ... [read more]
6 things to know about capital gains and taxes for people across Canada
November 2, 2023 | Posted by: Harold Hagen
So, you made some cash selling your property or stocks at a higher price than you bought them for? High five! But before you start celebrating, there's this thing called capital gains that might show ... [read more]
Tips for Improving Your Credit Score Before Applying for a Mortgage
November 1, 2023 | Posted by: Harold Hagen
Tips for Improving Your Credit Score Before Applying for a Mortgage For many people, buying a home is a significant milestone in their lives. However, getting approved for a mortgage is ... [read more]
Bank Of Canada Rate Update October 25, 2023
October 25, 2023 | Posted by: Harold Hagen
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5% ... [read more]
Mortgage Strategies in a Rising Interest Rate Environment
October 24, 2023 | Posted by: Harold Hagen
Hello dear readers, Let's have a coffee chat, shall we? If we were sitting in a cozy café, sipping on lattes (or your beverage of choice), today's hot topic of conversation would undoubtedly revol ... [read more]
Leveraging Your Home Equity to Help Purchase a Home For Your Children: A Prudent Move?
October 6, 2023 | Posted by: Harold Hagen
Navigating Parental Assistance in Home Purchases The concept of parents aiding their children in stepping onto the property ladder is not a new one yet it is not ubiquitously adopted. A 2021 ... [read more]
Understanding and Utilizing Home Equity
October 1, 2023 | Posted by: Harold Hagen
If you've consistently made mortgage payments over the years, you've been accumulating home equity. As this equity grows, homeowners can access it, converting it into cash for various purposes, from h ... [read more]
Unlocking the Door to Your Dream Home: Exploring First-Time Homebuyer Options
September 27, 2023 | Posted by: Harold Hagen
Unlocking the Door to Your Dream Home: Exploring First-Time Homebuyer Options Home Sweet Home: these three words hold a special place in our hearts. Owning a home is a dream many of us aspire to ... [read more]
Can a first-time home buyer have a mortgage co-signer?
September 17, 2023 | Posted by: Harold Hagen
Can New Home Buyers in Canada Use a Mortgage Co-Signer? Struggling to secure a mortgage or need a financial boost? Consider bringing in a co-signer. Dive deeper into this and other home-buying tact ... [read more]
Bank of Canada maintains policy rate, continues quantitative tightening
September 6, 2023 | Posted by: Harold Hagen
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Infl ... [read more]
Top Reasons To Refinance Your Home And Reasons Why You Maybe Should Not.
August 23, 2023 | Posted by: Harold Hagen
Refinancing a mortgage means replacing your existing loan with a new one, either with your current lender or a different one. Canadians often consider refinancing for various reasons, such as ... [read more]
Rental Cash Damming 101, Part 1
August 10, 2023 | Posted by: Harold Hagen
What Is Rental Cash Damming? Cash damming is a CRA-approved financial strategy aimed at transforming non-tax-deductible personal debt into tax-advantaged business or investment debt. This str ... [read more]
Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips
August 9, 2023 | Posted by: Harold Hagen
Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips The process of buying, selling, or refinancing a home involves a critical component that can gre ... [read more]
Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience
August 5, 2023 | Posted by: Harold Hagen
Introduction As your trusted mortgage broker, I understand that the current economic backdrop in Canada is presenting challenges for many homeowners. With interest rates on the rise and inflation p ... [read more]
Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada
July 27, 2023 | Posted by: Harold Hagen
Introduction In Canada, your credit score plays a crucial role in your financial life, especially when it comes to major transactions like securing a mortgage. A credit score is a numerical r ... [read more]
Bank of Canada raises policy rate 25 basis points, continues quantitative tightening
July 12, 2023 | Posted by: Harold Hagen
The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. G ... [read more]
Catching Up on Retirement with an Income Property: A Wise Investment Strategy
June 21, 2023 | Posted by: Harold Hagen
As the retirement landscape continues to evolve, many individuals find themselves concerned about the adequacy of their savings and the possibility of outliving their nest egg. However, there is a sol ... [read more]
Some great tips to help you save for a home
June 13, 2023 | Posted by: Harold Hagen
A home for most all Canadians is likely the most significant purchase you will make in your lifetime, so it is essential to be well-prepared. It is crucial to understand how to budget and save for ... [read more]
Bank Of Canada Rate Update June 7, 2023
June 7, 2023 | Posted by: Harold Hagen
Bank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the ... [read more]
Strategies for Speeding Up Mortgage Repayment
June 3, 2023 | Posted by: Harold Hagen
Those of us who desire to own a home often long for the time when our mortgage is paid off. Although the majority of Canadian mortgages are usually amortized over the course of 25 years, there are a ... [read more]
Benefits of Buying a New Home in the Summer
May 17, 2023 | Posted by: Harold Hagen
Summertime brings sunny days, warm weather, and an ideal opportunity for house hunting. If you're considering buying a new home, the summer months offer several advantages worth considering. In this ... [read more]
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First-Time Home Buyer Budgeting: What You Need to Know
April 20, 2023 | Posted by: Harold Hagen
As a first-time home buyer, budgeting is an essential part of the home buying process. By carefully planning your finances and considering all of the costs associated with purchasing a home, you can e ... [read more]
Bank Of Canada Rate Update April 12, 2023
April 12, 2023 | Posted by: Harold Hagen
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4. ... [read more]
First Home Savings Account (FHSA)
April 11, 2023 | Posted by: Harold Hagen
First Home Savings Account (FHSA) In its 2022 Federal Budget, the Canadian Government introduced the First Home Savings Account (FHSA) a new registered savings plan designed to help Canadians ... [read more]
5 Things NOT to do When Selling Your Home
March 16, 2023 | Posted by: Harold Hagen
The process of selling a residential property can be time-consuming and emotionally involving, especially if it is your first sale. While your home's curb appeal influences a prospective buyer's poten ... [read more]
Bank of Canada Rate Update March 8, 2023
March 8, 2023 | Posted by: Harold Hagen
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at ... [read more]
Selling Your Home in the Winter: How You Can Make the Most of It
March 5, 2023 | Posted by: Harold Hagen
Selling your home in the winter can be a challenging task, but it can also be an opportunity to stand out in a crowded market. With fewer houses on the market and motivated buyers who are eager to mov ... [read more]
Title insurance and home insurance–protect what matters most
February 27, 2023 | Posted by: Harold Hagen
When something goes wrong with your home and you suffer a loss, you need to be able to rely on your insurance coverage. Knowing which of your insurance policies to turn to isn't always easy. Title ins ... [read more]
Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
January 25, 2023 | Posted by: Harold Hagen
The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening ... [read more]
Another BoC rate increase... Now what?
January 25, 2023 | Posted by: Harold Hagen
The Bank of Canada increased their overnight rate this week by another 0.25%, bringing our prime lending rate to 6.70% with most Lenders. The Bank also stated that it expects to hold off on further ra ... [read more]
Prohibition on the Purchase of Residential Property by Non-Canadians Act
January 13, 2023 | Posted by: Harold Hagen
The Canadian housing market has undergone radical shifts in direction over the past several years, through dramatic peaks in major urban areas followed by a subsequent softening to the tune of -12% si ... [read more]
Should You Spend the Full Mortgage Amount You're Approved For?
December 28, 2022 | Posted by: Harold Hagen
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ... [read more]
A Holiday Poem
December 19, 2022 | Posted by: Harold Hagen
Eggnog, tinsel, falling snow, Buttered rum and mistletoe, Christmas trees and hanging lights, The sound of carolers filled the nights. You’ve been shopping long and hard, Thank your lucky S ... [read more]
The Pros and Cons of Fixed vs. Variable Mortgages
December 8, 2022 | Posted by: Harold Hagen
When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ... [read more]
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
December 7, 2022 | Posted by: Harold Hagen
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening ... [read more]
10 Things to Know About the Offer Process
November 30, 2022 | Posted by: Harold Hagen
10 Things to Know About the Offer Process Before making an offer on your dream house, here are the ten things you need to know about buying real estate to ensure your offer is solid. Buying real e ... [read more]
A Six-Step, Back to Basics Financial Plan for Most Every Canadian
November 21, 2022 | Posted by: Harold Hagen
It's a tough time to know what the right financial move is at the moment. Interest rates are increasing, while stocks are in bearish territory. It's easy to forget that there are smart things that you ... [read more]
10 Important Questions to Ask Your Contractor
November 9, 2022 | Posted by: Harold Hagen
10 Important Questions to Ask Your Contractor Are you thinking about hiring a contractor before selling real estate? Here are ten important questions you should ask the contractor before signing a co ... [read more]
Bank of Canada Rate Update October 26, 2022
October 26, 2022 | Posted by: Harold Hagen
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate a ... [read more]
Best Ways to Plan for Your Down Payment
October 19, 2022 | Posted by: Harold Hagen
Best Ways to Plan for Your Down Payment Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. ... [read more]
Common Mistakes That House Flippers Make & How to Avoid Them
October 12, 2022 | Posted by: Harold Hagen
Mistakes That Can Make House Flipping a Flop Common Mistakes That House Flippers Make & How to Avoid Them Making it in the world of house flipping means making sound and prudent decisions. Read on t ... [read more]
Gut Punch from the Bank of Canada
October 12, 2022 | Posted by: Harold Hagen
Last Thursday, Bank of Canada Governor Tiff Macklem gave a speech, quite simply titled, “Restoring price stability to Canadians”. I won’t bore you with the entire speech, but ... [read more]
How Mortgage Rates Affect Buying Power?
September 16, 2022 | Posted by: Harold Hagen
How Mortgage Rates Affect Buying Power? Do You Know How Your Mortgage Rate Affects Buying Power? To maximize your purchasing power, you should understand how interest rates impact your home buying p ... [read more]
Bank Of Canada Rate Update September 7, 2022
September 7, 2022 | Posted by: Harold Hagen
Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.25%, with the Bank Rate ... [read more]
Should You Pay Off Your Mortgage Early?
August 24, 2022 | Posted by: Harold Hagen
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will explore some o ... [read more]
How Many Homes Should You View Before Buying?
August 10, 2022 | Posted by: Harold Hagen
If you are beginning the home-buying process, you may begin to wonder how long it will take until you find the perfect home for you and your family. The answer to that varies due to different factors. ... [read more]
Bank Of Canada Rate Update July 13, 2022
July 13, 2022 | Posted by: Harold Hagen
Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2.5%, with the Bank Rate ... [read more]
Tips for Buying Rental Investment Properties
July 6, 2022 | Posted by: Harold Hagen
Most people float the idea of investment property around at some point in their life, and the growing popularity of real estate buy-and-flip shows only makes the prospect more enticing. However, befor ... [read more]
5 Negotiation Secrets Smart Buyers Use to Get Better Deals
June 22, 2022 | Posted by: Harold Hagen
Being a buyer in today's real estate market can be challenging. The market is very competitive right now, making the average buyer feel like it is impossible to secure a good deal. Luckily, some trick ... [read more]
Bank Of Canada Rate Update June 1, 2022
June 1, 2022 | Posted by: Harold Hagen
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at ... [read more]
How a Mortgage Pre-Approval Can Protect You from Rising Rates
May 26, 2022 | Posted by: Harold Hagen
With interest rates rising, it's important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how! Do you plan on searching for and buy ... [read more]
