Finally Some GOOD NEWS on the Inflation Front

Latest News Kim Lindsay 11 Aug

It was widely expected that US consumer price inflation would decelerate in July, reflecting the decline in energy prices that peaked in early June. The US CPI was unchanged last month following its 1.3% spike in June. This reduced the year-over-year inflation rate to 8.5% from a four-decade high of 9.1%. Oil prices have fallen […]

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Canada’s Jobs Market May Be Weakening

Latest News Kim Lindsay 8 Aug

The Canadian Economy is Slowing — Job Markets Will Begin to Shift   The July employment report, released this morning by Statistics Canada, is a real head-scratcher. The job numbers fell for a second consecutive month, but so did the number of job seekers, so the unemployment rate remained unchanged at a historic low of […]

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Tips to Create a Monthly Budget

Mortgage Tips Kim Lindsay 2 Aug

One of the quickest ways to take back control of your finances and understand where your money is going is to create a monthly budget. This will help you get a snapshot of your income compared to your spending, and provides an avenue to review outgoing costs and determine areas for improvement to help you […]

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Bank of Canada Shocks with 1.00% Rate Hike

Latest News Kim Lindsay 13 Jul

The Governing Council of the Bank of Canada raised its target for the overnight policy rate by a full percentage point to 2-1/2%. The Bank is also continuing its policy of quantitative tightening (QT), reducing its holdings of Government of Canada bonds, which puts additional upward pressure on longer-term interest rates. In its press release […]

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3 Advantages of a Pre-Approval

General Kim Lindsay 7 Jul

While getting pre-qualified can give you a ballpark estimate on what you can afford, getting pre-approved is where the real magic happens. Mortgage pre-approval means that a lender has stated (in writing) that you do qualify for a mortgage and what amount, based on submitted documentation of your current income and credit history. A pre-approval usually specifies […]

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Purchase Plus Improvements Mortgage

Mortgage Tips Kim Lindsay 5 Jul

When it comes to shopping for your perfect home, it can be hard to find the exact one ready to go! If you are looking into a home that requires improvements, there is a mortgage product known as Purchase Plus Improvements (PPI). This type of mortgage is available to assist buyers with making simple upgrades, […]

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5 Tips to Stay Cool and SAVE This Summer

General Kim Lindsay 23 Jun

Today is the first day of summer – otherwise know as summer solstice, which is the longest day of the year! To maximize your enjoyment, we have some great tips for staying cool this summer AND saving money while you do: 1. Cook in the Great Outdoors Summer is all about enjoying the sunshine, spending […]

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Canadian Inflation Surged to 7.7%

Latest News Kim Lindsay 22 Jun

Canada’s consumer price index increased 7.7% in May from a year earlier, up from 6.8% in April, the fastest inflation pace since January 1983. The release confirms that the Bank of Canada is staring down the most dangerous burst of Inflation since it started targeting the consumer price index in the early 1990s. Excluding gasoline, the CPI rose 6.3% year […]

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Insurance Products

General Kim Lindsay 17 Jun

People don’t always want to talk about home insurance, but when it comes to your house there is no better investment than insurance. But, with the number of insurance products available, it can be hard to know where to start! While it can seem overwhelming, it’s a good idea to get familiar with the basics […]

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Canadian Homes Sales Slow Again in May, Shifting to a Buyers Market in GTA

General Kim Lindsay 16 Jun

Statistics released today by the Canadian Real Estate Association (CREA) show that the slowdown that began in March in response to higher interest rates has broadened. In April, national home sales dropped by 12.6% monthly (m/m). National home sales fell by 8.6% between April and May, building on April’s decline, leaving monthly activity at pre-COVID […]

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