• Home Purchase/Buying Basics
    Buying a home is a milestone in everyone's life. It symbolizes that you are independent and have achieved the stability of living a relatively comfortable life. Here are a few things
  • This means a couple of things. The most important thing to realize is that the lender will not just fork over a new, lower interest rate. You will be asked to bring in income documentation
Latest Blog Articles

Negative Rates Possible

According interview of Bank of Canada governor, further rate cuts remain an option in providing economic stimulus.

“We are not actively discussing negative interest rates at this moment but it’s in our toolkit, and never say never” Bank of Canada governor said.

Current BOC Overnight rate is at a historic low of 0.25%.


Insights to First Time Home Buyer Incentives(FTHBI)

Effective September 2, 2019, the Government of Canada introduced the First Time Home Buyer Incentive (FTHBI) to help qualified First Time Home Buyers (FTHB) purchase a home, making homeownership more affordable by reducing their monthly mortgage payment without increasing their down payment.