Economic News Jag Dhamrait 1 Jun
Once again, the Canadian economy is running hotter than expected by the Bank of Canada. The economy continues to exhibit excess demand conditions. In particular, labour markets are very tight, the unemployment rate is near a record low, and wages are rising by more than 5%. Consumer spending is still strong, and the housing […]
Read MoreHome Tips Jag Dhamrait 22 May
If you are looking to have a garden that is the envy of the neighbourhood, May is a great time to get started on your gardening to-do list. I have put together some helpful tips and ideas for how to get started so your garden shines all summer long! Plant Annuals and Perennials: This […]
Read MoreMortgage Tips Jag Dhamrait 10 May
When it comes to homeownership, many of us dream of the day we will be mortgage-free. While most mortgages operate on a 25-year amortization schedule, there are some ways you can pay off your mortgage quicker! Review Your Payment Schedule: Taking a look at your payment schedule can be an easy way to start […]
Read MoreEconomic News Jag Dhamrait 1 May
It has been just over a year since the Bank of Canada started hiking interest rates. While the economy has remained surprisingly resilient, the housing market has weakened sharply. The Bank has remained on the sidelines for the past two Governing Council announcement dates, and home sales have edged upward in very tight markets. […]
Read MoreMortgage Tips Jag Dhamrait 26 Apr
Your payment schedule is the frequency that you make mortgage payments and ranges from monthly to bi-monthly, bi-weekly, accelerated bi-weekly or even weekly payments. Below is a quick overview of what each of these payment frequencies mean: Monthly Payments: A monthly payment is simply a single large payment, paid once per month; this is the […]
Read MoreMortgage Tips Jag Dhamrait 4 Apr
In March, the global economy was focused on systemic risk in the banking sector. Following three bank failures in the U.S., markets were roiled again by the forced sale of Credit Suisse to UBS. Interest rates have plummeted as demand for the haven of government bonds has increased sharply. Consequently, five-year fixed mortgage rates have […]
Read MoreHome Tips Jag Dhamrait 2 Apr
As the sun starts coming back around, it is a great time to scrub those windows and deep clean your home! Here are some tips for a successful Spring clean: Create a Playlist: Everything is more fun with a great playlist! Not only is music great therapy but it can make the cleaning process go […]
Read MoreHome Tips Jag Dhamrait 17 Feb
For those who celebrate Family Day, I thought I would highlight some ideas for special things you can do this weekend and on Family Day with your loved ones, and remind them how much you care! From crafts and cooking to volunteer work or exercise classes, below are a few ways you can celebrate Family […]
Read MoreEconomic News Jag Dhamrait 10 Feb
Even bond traders and economists are stumped about what the next few years will bring. The repercussions of a global economy that stopped suddenly, shed millions of jobs and initially contracted 30% only to rebound in a flash on the back of free-money government programs are still being felt. Predicting where the economy goes […]
Read MoreMortgage Tips Jag Dhamrait 8 Feb
A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally, people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off higher-interest debts (such as credit cards and student loans) that a second […]
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