Are you dreaming of owning your own home but worried about the down payment? We’ve got great news! If you live in the Region of Waterloo, there is an underutilized Down Payment Assistance Program offering funds to help you secure your dream home. Main Highlights: Must buying a home in Waterloo Region for $600,000 or […]

The Consumer Price Index (CPI) rose 2.0% year-over-year in October, up from a 1.6% increase in September. Gasoline prices fell to a lesser extent in October (-4.0%) compared with September (-10.7%). The all-items CPI, excluding gasoline, rose 2.2% in October, the same growth rate as in August and September. The smaller decline is partly attributed […]

Buying your first home is a significant milestone! While you’re thinking about your affordability and what type of home you want to own, we have some exciting updates around first-time homebuyer benefits: New or Pre-Construction Homes: Did you know? First-time buyers looking to purchase a new build or pre-construction home are eligible for 30-year amortization. This […]

As we approach the end of 2024 and head into 2025, some significant changes are on the horizon for the Canadian mortgage market. Whether you’re a first-time homebuyer, a current homeowner, or considering refinancing, these updates may impact your decisions and financial plans. Here’s a breakdown of the most important changes you need to know: […]

In honor of my dog Maeve’s fourth birthday today, I present the best home features for pets! Creating a pet-friendly home involves considering the comfort, safety, and well-being of your furry friends. Here are some features to consider: Durable Flooring: Choose scratch-resistant and easy-to-clean flooring like hardwood, laminate, or more durable tile options. Avoid carpets if […]

You may not be sure which Payment Frequency is ideal to make your mortgage payments Should you pay your mortgage every week? Every two weeks? What about accelerated payments? Typically the different frequencies offered by most lenders are: → Monthly (12 payments per year) → Semi-monthly (24 payments per year) → Non-accelerated bi-weekly (26 payments […]

In the last decade, climate change and energy efficiency have become top of mind for many Canadians. From wanting to do our part by recycling to making our home as energy efficient as possible, there are so many benefits to being environmentally and energy conscious. If you are looking to cut costs or simply want […]

Growing up, most people dream about living a fairytale with a wonderful partner and a life of bliss. Unfortunately, real life is not always a fairytale and not every relationship lasts forever. In fact, latest statistics show that 38 percent of all marriages in Canada end in divorce. Separating, whether through divorce or ending a […]

Whether it is your first house or you’re moving to a new neighborhood, getting approved for a mortgage is exciting! However, even if you have been approved and are simply waiting to close, there are still some things to keep in mind to ensure your efforts are successful. Many homeowners believe that if you have […]

Statistics Canada released August employment data today, showing continued growth in excess supply in labour markets nationwide. Employment changed little last month, up 22,100. The employment rate—the proportion of the population aged 15 and older who are employed—decreased a tick to 60.8%, marking the fourth consecutive monthly decline and the 10th decline in the past 11 months. On […]