Peter Lirantzis
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What’s a Mortgage Foreclosure?

What’s a Mortgage Foreclosure?

by Peter Lirantzis | Aug 20, 2021 | Blog, Finance, Homeownership, Mortgage

As a homeowner, if you’re unable to make regular mortgage payments, the loan will ultimately fall into a state of default, forcing you to forfeit all rights to the property. This is called foreclosure.    Foreclosure is a lengthy and costly process that should be...
Boomer Homebuying and Renovation Advice

Boomer Homebuying and Renovation Advice

by Peter Lirantzis | Aug 13, 2021 | Blog, Homeownership, Mortgage

“OK boomer”. This common, cross-generational catchphrase with a hint of affection and a heap of irony is used by younger generations when speaking to those whose opinions and outlooks are perceived to be out of touch. Just the same, Canada’s boomers (aka Baby Boomers)...
Millennial Homebuying Advice from the Experts

Millennial Homebuying Advice from the Experts

by Peter Lirantzis | Aug 6, 2021 | Blog, Economy, Homeownership, Mortgage

There are many social and cultural factors that influence homebuying trends, but perhaps none more so than the period of time we were born. Connected by shared values, attitudes and behaviours, generational groups tend to make decisions based on their place in the...
Selling Your Home? Be Sure to Plan for Real Estate Commission

Selling Your Home? Be Sure to Plan for Real Estate Commission

by Peter Lirantzis | Jul 23, 2021 | Blog, Economy, Finance, Mortgage

When selling your home, it’s important to include real estate commission in your budget because it’s a significant fee in the selling process that will impact your overall profits.    Realtors are well worth their commission as they help sellers get the right...
Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program

by Peter Lirantzis | Jul 15, 2021 | Announcements, Blog

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate....
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