Mortgage payments: Understanding timing and avoiding confusion.

Posted On Jun 26, 2024

Mortgage payments can sometimes be a tricky topic for some homeowners, leading to confusion about when payments are due and what time period they cover.Recently, we watched two client misunderstandings unfold, highlighting the need for clear, calm...

Trying to time the housing market after the rate cut? What experts advise

Posted On Jun 24, 2024

Borrowing costs are starting to drop after the Bank of Canada’s first interest rate cut of the cycle, spurring speculation from all corners of the housing market about how buyers and sellers will react.The Bank of Canada’s quarter-point cut...

Here's how to take advantage of the market conditions to buy a home

Posted On Jun 24, 2024

The decrease in the Bank of Canada's (BoC) interest rate has helped buyers gain more confidence in the real estate market, but an Ottawa real estate broker says uncertainty remains an issue leaving some buyers skeptical.The Bank of Canada cut its...

Are longer mortgage terms the solution to Canada’s payment shock challenges?

Posted On Jun 24, 2024

Payment shocks at renewal due to shorter mortgage terms have become a growing concern for many Canadians. This has led some to question whether adopting longer mortgage terms, similar to those in the United States, would provide greater financial...