When the going gets tough, Canadian homebuyers get creative
Faced with high (and still climbing) interest rates and a housing market that just won’t quit, Canadians are getting creative in their...
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Vince Savoia
- May 13
- 2 min
Learning about the new First Home Savings Account (FHSA) program
With the market starting to stabilize, and in many markets housing prices starting to rise again, maybe you or someone you know is...
Vince Savoia
- Mar 9
- 2 min
Four Ways to Take Control and Thrive in a Challenging Market
If you’re struggling financially as a result of increased living expenses and interest rates, you are not alone. A lot of Canadians are...
Vince Savoia
- Feb 13
- 2 min
Where is the housing market going in 2023?
With 2023 underway, and the latest Bank of Canada rate increase to 4.5%, combined with the stress of the increased cost of living on...
Vince Savoia
- Nov 2, 2022
- 2 min
Thinking of buying? Don't be put off by high rates.
2022 has already been tough on Canadians’ wallets, and recent economic data shows the pain is unlikely to end soon. Inflation continues...
Vince Savoia
- Oct 6, 2022
- 2 min
A fresh look at the opportunities in today’s housing market
When news reports present a consistently gloomy view of rising rates and the distinctly negative impact on the housing market, it’s easy...
Vince Savoia
- Jun 1, 2022
- 3 min
How rising rates can affect your mortgage
The one-two-punch of supply chain issues and the war in Ukraine has pushed inflation in Canada to its highest level in 30 years and...
Vince Savoia
- Apr 13, 2022
- 1 min
The Bank of Canada raises its overnight rate to 1.00%
The Bank of Canada announced today that it has raised the overnight rate by .50% to 1.00%, to curb rising inflation due to "Russia's...
Vince Savoia
- Mar 1, 2022
- 3 min
Higher interest rates are here. What does that mean to you?
The Bank of Canada has been signalling for a while now that they will respond to inflation by raising interest rates. Sure enough, on...
Vince Savoia
- Dec 14, 2021
- 3 min
Preparing for Higher Rates
Given inflationary pressures, the Bank of Canada indicated in their last rate announcement that rate hikes could take place earlier than...
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