March 2024: Economic Insights from Dr. Sherry Cooper
The focus of the Bank of Canada is on slaying the inflation dragon. The good news is that the year has started with a marked decline in price pressures. Due to falling energy prices, airline fares and a deceleration in clothing and food, year-over-year inflation in January dipped to 2.9% ...
Tips to Improve Your Credit Score
One of the important factors in home ownership is understanding things like your credit score. Some people don’t pay much attention to this metric until they begin the mortgage discussion! However, you will find that your credit score is one of the most important factors when it comes to qualifying ...
Fraud Awareness Month
Did you know? March is Fraud Awareness Month. Protecting yourself and your mortgage from fraud is crucial to safeguard your financial well-being. Understanding some of the more common mortgage fraud scams and how to protect yourself can make all the difference! The most common type of mortgage fraud involves a ...
February 2024: Economic Insights from Dr. Sherry Cooper
In January, the Canadian bond market took quite a beating as interest rates rose roughly 30 basis points from their recent lows. The December housing data revealed a surge in sales, while inflation data showed just how difficult it may be to return to the 2% inflation target. Core inflation ...
Amortization Options
Your mortgage amortization period is the number of years it will take you to pay off your mortgage. Depending on your choice of amortization period, it will affect how quickly you become mortgage-free as well as how much interest you pay over the lifetime of your mortgage (a longer lifetime ...
January 2024: Economic Insights from Dr. Sherry Cooper
With the release of the November inflation data, some were disappointed that inflation remained at 3.4% year-over-year—the same as in October. However, without the base effects of year-ago energy price declines, inflation would have been less than 3%. December’s inflation data will be similarly skewed higher. Still, there is ample ...
Estate Planning: Are You Covered?
“New Year, new you” may be a cliché but it is for a reason! The New Year always has us thinking about where we are now, and where we want to end up. When it comes to your personal goals, a review of your finances and estate should be at ...
New Year Resolutions for Your Home
As we get closer to the end of the year, we have some special New Year resolutions for your home! Plus, check out some of my favourite holiday desserts. In addition, don’t miss the latest economic insights direct from Dr. Sherry Cooper! The New Year is approaching! While we are ...
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