Sunday Dock Read – Interest Rates Drop?!, Capital Gains Swell, Northern Lights Amaze!

Sunday Dock Read – Interest Rates Drop?!, Capital Gains Swell, Northern Lights Amaze!

Let’s continue evaluating the relevant factors impacting the Bank of Canada’s June 5th Monetary Policy (Interest Rate) announcement. Let’s identify and evaluate the major factors and relative indices that will impact the Bank of Canada’s decision including inflation numbers, job market, economic rate and more.

Sunday Dock Read – On A Monday (Again) – Exciting Canadian Real Estate & Housing Market Updates

Sunday Dock Read – On A Monday (Again) – Exciting Canadian Real Estate & Housing Market Updates

Happy Family Day everyone! Whether young or old; near or far our wonderful families make us who we are. It’s been some time since I last put together a Sunday Dock Read, and there’s a good reason for that. We’ve been caught up in a whirlwind: preparing the cottage for winter, navigating through a bustling…

Benefits & Drawbacks of Basement Apartments from the Landlord’s Perspective

Benefits & Drawbacks of Basement Apartments from the Landlord’s Perspective

So what really are the benefits and drawbacks of basement apartments from the Landlord’s perspective? Renting out your basement is an enticing option for those of us in a market that have a very low vacancy rate combined with a high employment rate. If you’re a first time homebuyer in a market like Guelph, finding…

Sunday Dock Read: Best Renewal Strategies in a High Interest Economy 2023

Sunday Dock Read: Best Renewal Strategies in a High Interest Economy 2023

The current interest rate climate has undergone significant changes compared to a year ago, necessitating a new approach for mortgage brokers and their clients during renewals. The rapid rise in the overnight rate, from 0.25% in early 2022 to 5.0% in just over a year, has posed challenges for brokers, particularly in finding solutions for…

Sunday (or Monday) Dock Read: Ottawa, Fixed Rates, and Digital Nomads

Sunday (or Monday) Dock Read: Ottawa, Fixed Rates, and Digital Nomads

Breaking through a significant barrier, the Government of Canada’s 5-year bond yield soared above 4% on Friday, a threshold that often influences 5-year fixed mortgage rates. This level is viewed as a key resistance point for interest rates. Many economists believe that if the 5-year yield remains above 4%, we can expect fixed-rate mortgage hikes…

Sunday Dock Read: Is it Still Worth it to Buy a Home in Today’s Market? (Spoiler, YES, it is)

Sunday Dock Read: Is it Still Worth it to Buy a Home in Today’s Market? (Spoiler, YES, it is)

When I was getting started in Real Estate, a wise relative of mine shared with me ‘God’s not making any more Land’. I suspect that was in 2005 when I first started in Commercial Real Estate and Land Development. That phrase whether your religious or not has been the slogan of land values for the…

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