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What’s a Rate Hold & When Do I Need One?

What’s a Rate Hold & When Do I Need One?

by Peter Lirantzis | Feb 18, 2022 | Announcements, Homeownership, Mortgage

Since rates are expected to begin rising and continue on the incline throughout 2022, if you’re planning to buy property anytime soon, it makes sense to secure a rate hold so you don’t have to worry about missing out on the best rate while you’re home shopping. A rate...
2022 Forecast – Interest Rates, Inflation & Housing

2022 Forecast – Interest Rates, Inflation & Housing

by Peter Lirantzis | Feb 4, 2022 | Announcements, Blog, Economy, Homeownership, Mortgage

In its first policy interest rate announcement of the year – on January 26th – the Bank of Canada (BoC) maintained its current record-low rate of 0.25%. The decision was in line with 2021 forecasts that a rate hike would occur in the second or third quarter of 2022....
Turning Rentability into Profitability

Turning Rentability into Profitability

by Peter Lirantzis | Jan 28, 2022 | Blog, Homeownership, Mortgage

Investing in real estate can be an extremely rewarding experience, especially if you’re properly prepared for the journey. The potential to make money is fairly strong through steady income and appreciation, although return on investment is never guaranteed. In order...
Bank of Canada Report Finds 19% of Homebuyers are Investors

Bank of Canada Report Finds 19% of Homebuyers are Investors

by Peter Lirantzis | Jan 21, 2022 | Announcements, Blog, Economy, Homeownership, Mortgage

New Bank of Canada (BoC) findings reveal that investors account for 19% of home purchases dating back to 2014 – steadily outpacing other types of homebuyers during the pandemic.    The report, Housing Demand in Canada: A novel approach to classifying mortgaged...
Court Decision Could Offer Pre-Construction Buyer Protection

Court Decision Could Offer Pre-Construction Buyer Protection

by Peter Lirantzis | Jan 14, 2022 | Blog, Economy, Homeownership

It seems Canadian homebuyers are still struggling to catch a break. We know all too well that COVID-19 has significantly impacted Canada’s housing market. Low supply and high demand have led to exorbitant purchase prices, and new construction builds have been...
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