Blogs
Sunday Dock Read – Capital Gains, Budget, Reader’s Questions
This Sunday Dock Read – New Capital Gains Changes Announced in Canadian 2024 Budget. More Federal Budget Announcements Aimed at the Canada’s Housing Market. 4 Mortgage Questions from our Audience.
Sunday Dock Read – All Things Residential & Happy Easter 2024!
This Sunday Dock Read – Happy Easter! Let’s explore all things residential, house prices declining?, what are the interest rates predictions as of April 10th, 2024?…
Sunday Dock Read – On A Monday (Again) – Exciting Canadian Real Estate & Housing Market Updates
Happy Family Day everyone! Whether young or old; near or far our wonderful families make us who we are. It’s been some time since I last put together a Sunday Dock Read, and there’s a…
Top 5 Guidelines For Purchasing A Residential Property In 2024
Today’s topic is about the sequence of events that occur immediately after your real estate offer gets accepted; the time between the day you get your offer accepted and when you actually make it firm…
Benefits & drawbacks of basement apartments from the Landlord’s perspective
So what really are the benefits and drawbacks of basement apartments from the Landlord’s perspective? Renting out your basement is an enticing option for those of us in a market that have a very low…
7 Proactive Tips to prepare for you for your Mortgage Renewal
Experts are advising Canadians not to delay taking action when it comes to their upcoming mortgage renewals. It is important to be proactive and consider various factors that can impact mortgage rates and overall financial…
Sunday Dock Read: Checking Under the Hood of my Interest Rate
Purchasing a home is a significant investment that often requires a mortgage, which involves paying a substantial amount in interest over time. Understanding the factors that determine the interest rate on your mortgage is crucial,…
Sunday Dock Read: Is it Still Worth it to Buy a Home in Today’s Market? (Spoiler, yes, it is)
When I was getting started in Real Estate, a wise relative of mine shared with me ‘God’s not making any more Land’. I suspect that was in 2005 when I first started in Commercial Real…
Sunday Dock Read: Renewal Strategies in a High Interest Economy
The current interest rate climate has undergone significant changes compared to a year ago, necessitating a new approach for mortgage brokers and their clients during renewals. The rapid rise in the overnight rate, from 0.25%…
Sunday (or Monday) Dock Read: Fixed Rates, Digital Nomads and Ottawa
Breaking through a significant barrier, the Government of Canada’s 5-year bond yield soared above 4% on Friday, a threshold that often influences 5-year fixed mortgage rates. This level is viewed as a key resistance point…
Sunday Dock Read: Ready for Q4 & 4 Plex Squabbling
Well, the time has come and gone again. That is the exercise of closing up our cottage for the year. This was a special year as we did a little building, most of the little…
Sunday Dock Read – Xmas Home Shopping, Current Lending Climate, Mortgage Charter Unpacked
Festive Home Shopping ‘Tis the season to be house hunting! While most folks are busy decking the halls and sipping on eggnog, you might want to break from tradition and dive into the world of…
Fear and Loathing in Q4
My routine is quite simple. I wake up each day close to 6am and debate if it’s a running day or not. After a 15-minute discussion with myself I read the various local papers, I…
Taking Advantage of a Down Market
In the middle of an economic downturn, there is an abundance of opportunity. ‘In the middle of chaos, this also opportunity’ I’m not going to pretend I’ve read the entirety of Sun Tzu’s timeless classic…
Frigid Sunday Dock Read – Average Rents Hit Record Highs; Ottawa to remove GST on new rental housing
Record High in Rents A recent report from a Canadian rental listings website reveals that Canadian landlords are now demanding an all-time high of $2,117 per month on average. This data, compiled by Rentals.ca in…
Sunday Dock Read: High Interest Rate Stigma; Fall Home Purchasing
Mitigating the Stigma of Home Purchases in a High Interest Rate Environment Reflecting on a period where interest rates were considered ‘standard’ and the housing market was characterized as ‘steady’ or ‘logical’, some consumers may…