by Majid Habibi | Aug 21, 2020 | Blog, Economy, Finance, Homeownership
The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
by Majid Habibi | Aug 7, 2020 | Blog, Finance, Homeownership, Mortgage
Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes. With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
by Majid Habibi | Jul 17, 2020 | Blog, Economy, Finance
It’s important not to subscribe to the doom and gloom media reports about the Canadian housing market, especially in the midst of COVID-19 emergency measures. The reality is that, regardless of what you’re reading in the mainstream media, people are still...
by Majid Habibi | Apr 17, 2020 | Blog, Economy, Finance
As part of the ongoing effort to assist Canadians facing negative financial effects from COVID-19, the federal government has granted an extension for filing your taxes. The due date for personal tax filing has been extended from April 1st to June 1st, 2020,...
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...