Mortgages Blog

Reflections And Insights From The Other Side Of The Desk.

Interest Rate Increase
Mortgages
Laura DiCesare

Interest Rates Set to Increase by 0.50%

The announcement today by the bank of Canada is that they will increase the overnight target rate by 0.50%, bringing it to 1.00%. This is the first 0.50% rate hike since 2000, and is out of the usual, as typically we’ve only seen 0.25% increases.

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Refinance Your Mortgage: What you need to know
Mortgages
Laura DiCesare

Refinancing: What You Should Know

Refinancing your mortgage refers to the process of renegotiating your current mortgage agreement for a variety of reasons. Essentially, allowing you to pay off your existing loan and replace it with a new one that better suits your needs.

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Mortgage Rate Announcement
Mortgages
Laura DiCesare

New Mortgage Rate Announcement

As has been expected, the Bank of Canada has increased it’s overnight rate from 0.25% to 0.50%. This increase has been coming, albeit sooner than originally predicted when COVID started.

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Home Tour
Real Estate
Laura DiCesare

What to Look for During a Home Tour

So, You think you’ve found your dream home, and you can’t wait to check it out in person. Before you go, here are a few things that are important to look out for during a home tour

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