by Peter Lirantzis | Jan 30, 2018 | Blog, Homeownership
The larger home is not always the better home. Yes, there still exists a large group of individuals who enjoy owning a grand estate, complete with all the modern conveniences, in addition to everything you could ever want; and of course, there’s nothing inherently...
by Peter Lirantzis | Jan 23, 2018 | Blog, Mortgage
There aren’t too many Canadians who are able to save up enough money to pay cash for their home. This is why we have mortgages. A mortgage is a loan made to assist a borrower to purchase a property. The property is held as collateral and interest is charged on...
by Peter Lirantzis | Jan 17, 2018 | Announcements, Blog, Mortgage
The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly...
by Peter Lirantzis | Jan 9, 2018 | Blog
If you have been looking to find the right first home within your budget, it’s a matter of mind over money, here’s some tips from Genworth Financial that will help you keep perspective! It’s hard to say “goodbye” to your dream home. But if you fall for a...
by Peter Lirantzis | Jan 2, 2018 | Blog, Mortgage
2017 is in the rear view mirror and the road to 2018 is directly in front of us! As starting a new year is a great time to gain some perspective, let’s reflect on some of the changes brought about this last year in the Canadian housing and mortgage market, and...