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Bank of Canada Holds Rates Steady In The Face Of Tariff Uncertainty--More Rate Cuts Coming
April 16, 2025

The Bank of Canada maintained its target for the overnight rate at 2.75% this morning on April 16, 2025. The governing council noted that the unpredictability of the magnitude and duration of tariffs posed downside risks to growth and lifted inflation expectations, warranting caution regarding the continuation of monetary easing. As per the Bank of […]

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Bank of Canada Rate Decision Tomorrow on April 16th
April 15, 2025

The Bank of Canada is back in the spotlight tomorrow, Wednesday, April 16, with its next rate decision. Will they cut rates? At this point, a cut isn’t expected — but with this morning’s weaker-than-expected inflation announcement (down from 2.6% to 2.3%), nothing is certain until the 10 a.m. EDT/ 7 a.m. PDT announcement. As […]

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Thinking About Buying a Home? Get Pre-Approved First!
April 9, 2025

If you're considering buying a home in Canada, your first step should always be getting pre-approved for a mortgage. A mortgage pre-approval paints a clear picture of how much mortgage you qualify for and how much you can afford. Instead of guessing what you can afford, a pre-approval removes the uncertainty and gives you confidence when […]

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The Homebuying Process
April 3, 2025

The homebuying process can feel overwhelming, but breaking it down into clear steps and working with professionals along the way makes it much more manageable. From dreaming of homeownership to holding the keys—here’s a roadmap of how to make it happen! ✨ 1. Determine Your Budget Assess your finances and savings. Save for your down […]

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What is the Tax Free First Home Savings Account (FHSA)?
April 1, 2025

The Tax-Free First Home Savings Account (FHSA) is a registered savings plan in Canada designed to help first-time homebuyers save for a down payment. It combines features of both an RRSP and a TFSA, offering tax-deductible contributions and tax-free withdrawals when used for a first home purchase. Key Features and Benefits of the First Home […]

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Why You Need a Pre-Approval Before House Hunting
February 6, 2025

Buying a home can be an emotional journey. The excitement, the possibilities, and the dream of homeownership can feel exhilarating—especially in a competitive market where bidding over the asking price seems like the only way in. But emotions can also lead to one of the biggest homebuying mistakes: falling in love with a property that’s […]

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10 Spring-Cleaning Tips to Revitalize Your Home
February 5, 2025

As the days grow longer and the sun shines brighter, it's the perfect time to refresh your home with a thorough Spring clean! A clean, organized space can help you feel more energized and ready to embrace the season ahead. Here are some tips to make your Spring cleaning both efficient and enjoyable: Create a […]

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Bank of Canada Reduces Policy Rate by 25 Basis Points!
January 29, 2025

This morning the Bank of Canada announced its 6th consecutive decrease to its policy interest rate by 25 basis points from 3.25% to 3.00% offering further relief for some Canadians. The Bank of Canada’s policy interest rate is the rate used by lenders to determine their prime lending rate. Therefore, the lender's Prime Rate should be lowered from 5.45% to 5.20% in […]

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Everything You Need to Know About the New Insured Mortgage Changes
December 15, 2024

Today marks an important day for insured mortgage changes that could impact you as a first-time home buyer! What is an Insured Mortgage? This applies when the borrower has less than a 20% down payment. What's New in Insured Mortgages? 30-Year Amortizations Expanded Now available to first-time homebuyers (FTHBs) of any owner-occupied home, in addition […]

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