by Ryan Avery | Jan 9, 2023 | Uncategorized
Canada’s headline inflation reading continued to fall in November, but core inflation rose, increasing the potential for an additional Bank of Canada rate hike in January. The headline Consumer Price Index (CPI) continued to slow to an annual growth rate of...
by Ryan Avery | Dec 28, 2022 | Uncategorized
From the first consultation to the signing of your mortgage, a broker’s services are free to the client. There may be a fee for those with the most challenging of credit positions, but under those unique circumstances, a mortgage professional will be able to do...
by Ryan Avery | Dec 19, 2022 | Uncategorized
Home sale prices in Canada will go down by an average of 3.3% next year, with the biggest declines likely to be seen in Ontario and Western Canada, according to a new RE/MAX analysis. “In sharp contrast to 2022, most regions … will experience more balanced conditions...
by Ryan Avery | Dec 12, 2022 | Uncategorized
Earlier this month, B.C will no longer be able to enforce bylaws that restrict or prohibit rentals. 📌Age restricted properties will no longer be enforceable with the exception for 55+ age restricted properties. 📌Bylaws that permit short term...
by Ryan Avery | Dec 5, 2022 | Uncategorized
A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time. However, most respondents (52%) also said they have a plan in place to help deal with any potential payment shock, the...
by Ryan Avery | Nov 30, 2022 | Uncategorized
It’s not often you can break a contract without a penalty. It’s important that you consider the impact when you must. There are circumstances when the penalty for breaking your mortgage early might result in the new mortgage paying for your penalty. Considering...
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