ONE MILLION!!!! If you had said to me seven years ago that I would share Bullying Ends Here with even 1,000 people, I would have laughed at you. Public speaking is not my ‘thing’ I would have told you. Fast forward to December 5, 2019 in Bonnyville AB, standing at centre ice of the C2 Read More
News
17 Dec 2019
16 Dec 2019
November Data Confirm Canadian Housing Rebound
Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales rose for the ninth consecutive month and now stands a full 20% above the six-year low reached in February 2019. While the chart below shows that monthly home sales are now well above their 10-year average, they remain 6%-to7% below Read More
11 Dec 2019
How to Verify Your Down Payment When Buying a Home
Saving for a down payment is one of the biggest challenges facing people wanting to buy their first home. To fulfill the conditions of your mortgage approval, it’s all about what you can prove (hard to believe – but some people have lied in the past – horrors!). Documentation of down payment is required by Read More
6 Dec 2019
Huge Decline in Jobs in November As Jobless Rate Surges
One month does not a trend make. Statistics Canada announced this morning that the country lost 71,200 jobs in November, the worst performance in a decade. What’s more, the details of the jobs report are no better than the headline. Full-time employment was down 38.4k, and the private sector shed 50.2k. The jobless rate also Read More
4 Dec 2019
Bank of Canada Holds Steady Amid Continued Trade Uncertainty
The Bank of Canada maintained its target for the overnight rate at 1.75% for the ninth consecutive policy announcement, keeping the key interest rate stable for all of 2019. Today’s decision was widely expected as members of the Governing Council have signalled that the Bank is satisfied with the performance of the Canadian economy. The Read More
27 Nov 2019
5 Mistakes First Time Home Buyers Make
Buying a home might just be the biggest purchase of your life—it’s important to do your homework before jumping in! We have outlined the 5 mistakes First Time Home Buyers commonly make, and how you can avoid them and look like a Home Buying Champ. 1. Shopping Outside Your Budget It’s always an excellent idea Read More
15 Nov 2019
October Data Confirm That Housing Is in Full Rebound
Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales rose for the eighth consecutive month. Activity held steady in October at the relatively robust September pace following a string of monthly increases that began in March. Existing home sales are now almost 20% above the six-year low reached in Read More
14 Nov 2019
Payment Frequency
One of the decisions you will need to make before your new mortgage is set up, is what kind of payment frequency you would like to have. For many, sticking to a monthly payment is the default, however, different frequencies may end up saving you less interest over time. Monthly Payments Monthly payments are exactly Read More
12 Nov 2019
Principal & Interest
Principal and interest are the two components that make up a mortgage payment. Principal is the portion of your payment that goes towards paying down the outstanding balance of your mortgage. Interest is the other portion of your payment which goes directly into the pockets of your lender and does not contribute to paying down Read More
8 Nov 2019
Disappointing Decline in Jobs in October, But Wage Growth Surges
One month does not a trend make. Statistics Canada announced this morning that the country lost 1,800 jobs in October following two months of blockbuster employment gains. October marks the first month of job losses since July, but as the chart below shows, the employment data are notoriously volatile. The Canadian dollar sold off on Read More
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Featured Articles
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