Residential Market Update

Market Commentary The household debt to income ratio has hit an all time high – 165%. Yet the Bank of Canada seems to have gone strangely quiet on the subject. Former bank governor Mark Carey routinely warned of the potential dangers brought by the lure of low...

Why use a Mortgage Broker!

Probably one of the most frequent question that I get asked, is why use the services of a mortgage broker. To list a few: They understand mortgages terms and conditions, some mortgages unbeknown to the client are registered in a certain way which restricts you moving...

Teach kids early about money responsibilities

Many of us agree that it takes decades, if not a lifetime of trial-and-error to master sound money management – so let’s make it easier for our kids. November is Financial Literacy Month across the country and that presents an ideal opportunity for families to...

Historically Low Interest Rates

Currently, mortgage rates are historically low, even though last week we saw the end of the competitive 2.99% for 5 years. After the Feds announcement in the U.S. to keep interest rates low until 2014, people are becoming hopeful that ours will also remain low until...