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How Today's Mortgage Rates Impact Your Home Purchase

Posted on May 09, 2022

How Today’s Mortgage Rates Impact Your Home Purchase
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so does the mo...

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Your House Could Be Closer To List-Ready Than You Think

Posted on May 04, 2022

Your House Could Be Closer to List-Ready Than You Think

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of recent sellers from realtor.ca finds that many were able to get their house ready in le...

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How Upset Should You Be About 5% Mortgage Rates?

Posted on Apr 26, 2022

How Upset Should You Be about 3% Mortgage Rates?

Last Wednesday, Bank of Canada announced that their 5-year fixed mortgage rate was at almost 5% (4.99%) for the first time since March of 2020. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things:

1. The bump-up in rate s...

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How Ownership Can Help Shield You From Inflation

Posted on Apr 26, 2022

How Homeownership Can Help Shield You from Inflation
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhi...

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What Is Multigenerational Housing? [Infographic]

Posted on Apr 19, 2022


Some Highlights

  • If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home.
  • Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are...

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What Can You Expect From The Spring Housing Market

Posted on Mar 31, 2022

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase in over three years — the housing market seems to be relatively immune.

H...

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