Monthly Archives: June 2011

Bank of Canada May Not Hike Rate Until 2012!

Posted on June 30, 2011 by Winona

A recent report from TD Economics suggests the Bank of Canada will maintain its current overnight rate until earlier 2012. If you recall, many economist had predicted a rate increase in the second half of 2011. More recently, these same … Continue reading →

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$aving For A Down Payment

Posted on June 29, 2011 by Winona

How will you save enough money for a down payment?  Saving enough money to buy a home can seem over-whelming. But with a sensible savings or investment plan, you may get your down payment faster than you think. 1. Tax … Continue reading →

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How To Pick The Right Neighborhood

Posted on June 16, 2011 by Winona

For new home buyers, picking your neighborhood is as important as picking your new home. Here are some great tips from Propertywire on what to consider when choosing where to live. The benefit to either moving into or investing in … Continue reading →

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Federal Budget 2011 News!

Posted on June 10, 2011 by Winona

One of our lenders, the CIBC has just released a new report written by Jamie Golombek. It does a wonderful job of breaking down how the Federal budget impacts us.  Download this important update here: 2011-federal-budget-golombek

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Fixed or Variable? Making The Right Mortgage Decision

Posted on June 3, 2011 by Winona

On June 2nd, The CNW Group reported “Canadians see rates on the rise, but views on which mortgage to choose in today’s rate environment are split: CIBC Poll. Getting advice on your personal financial situation is the key to making … Continue reading →

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Bank of Canada, Rising Interest Rates & Drop in the 5 Year Fixed Rate?

Posted on June 1, 2011 by Winona

Yes, it is true. As the Bank of Canada hints at rate increases, but not until September, maybe, we are on the heals of several lenders dropping interest rates tomorrow on their 5 year fixed terms. Though the Spring Rate … Continue reading →

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Six Months To A Better Budget

Posted on June 1, 2011 by Winona

One of the challenges with proper budgeting is that it has to become habitual in order to be effective. You can survive without knowing how to budget if you manage to keep more money coming in rather than going out … Continue reading →

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