by Majid Habibi | Feb 21, 2020 | Blog, Homeownership, Mortgage
Credit. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. When you borrow money to buy a house, you will be required to prove that you have a good history of managing your credit. But what...
by Majid Habibi | Feb 7, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
The decision to become a homeowner represents a significant milestone. It’s, therefore, extremely important to consider all your options when it comes to the different types of available homes to ensure you find the right one that fulfills as many of your personal and...
by Majid Habibi | Jan 17, 2020 | Blog, Economy, Finance, Homeownership
The most popular mortgage selected by Canadians is the five-year fixed-rate option. While this isn’t always the best choice, it’s definitely the most common. But a lot can happen in five years. What if you need to buy a bigger home to accommodate your growing family...
by Majid Habibi | Dec 6, 2019 | Announcements, Blog
Bank of Canada maintains overnight rate target at 1 ¾ percent The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The Bank’s October projection for global...
by Majid Habibi | Nov 15, 2019 | Blog, Economy, Finance, Mortgage
You Can Finance Your Home & Cover Reno Costs Together You Can Finance Your Home & Cover Reno Costs Together Buying a move-in ready home isn’t for everyone. In fact, many people fall in love with a house because of, not in spite of, its need for...
by Majid Habibi | Oct 30, 2019 | Announcements, Blog, CMHC
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The outlook for the global economy has weakened further since the Bank’s July Monetary Policy Report...
