‘The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%.’ – Bank Of Canada

Some lenders will qualify you based on the income earned from your business bank account rather than the income you declare on your CRA taxes. This gives you much more purchasing power for your home.

‘The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%.’ – Bank Of Canada

Your credit score and report can affect your mortgage approval and interest rate. Maintain track of your credit score and liabilities reported to ensure accuracy and to give you insight to increase your score if needed. You can visit https://www.consumer.equifax.ca/personal/ to get a copy of your credit score and report. There are lenders than can […]

The Underused Housing Tax is an annual 1% tax on the ownership of vacant or underused housing in Canada that took effect on January 1, 2022. The tax usually applies to non-resident, non-Canadian owners. In some situations, however, it also applies to Canadian owners – Government of Canada

Some lenders have promotions where you can receive anywhere from $500 to $4,000 as a cash back offer depending on your mortgage balance. These funds can be used to help reimburse you for costs paid during the mortgage process such as lawyer fees, appraisals, home inspection, moving fees, any penalties incurred to break a previous […]

Sales 4,783 Average Price $1,095,617 New Listings 8,367

‘The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. ‘ – Bank Of Canada

Sales 3,100 Average Price $1,038,668 New Listings 7,688

‘The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%.’ – Bank Of Canada