General Greg Weaver 17 Jan
When it comes to mortgages, the age-old question remains: “Should I go with a variable or fixed-rate?”. To make an informed decision, it is important to look at the type of buyer and the historical trends. When it comes to variable versus fixed-rate, it is important to understand what these mortgages are based on. Fixed […]
Read MoreGeneral Greg Weaver 14 Jan
Statistics Canada released the December Labour Force Survey this morning, reporting employment gains of 54,700 last month–double market expectations. The unemployment rate fell to 5.9% from the 6.0% rate posted in November and is only 0.2 percentage points above the 5.7% rate posted in February 2020 before the pandemic began. More people were working full-time in […]
Read MoreGeneral Greg Weaver 7 Jan
One of the best parts about life is that it is ever-changing. This is one of the reasons that mortgages are available on short-term contracts (such as the standard 5-year) so that you can adjust your mortgage over time to best suit your needs. However, in some cases, you cannot wait until the term is […]
Read MoreGeneral Greg Weaver 5 Jan
When it comes to finding your perfect home, there are so many more options for potential homeowners! From a single-family dwelling to a townhouse to a modular home, the choices are seemingly endless. But, before you start widening your search, let’s take a look at what makes these home types different – and which one […]
Read MoreGeneral Greg Weaver 16 Dec
Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose 0.6% in November following the whopping 8.6% surge the month before. Sales could have been higher had it not been for the limited supply of homes for sale. Homebuyers are anxious to finalize purchases before the Bank of Canada hikes interest rates […]
Read MoreGeneral Greg Weaver 16 Dec
Are millennials better or worse off than Gen-Xers at the same age? Millennials are now the largest generation of people in Canada. They’re the most educated and diverse generation, but they face unique challenges… Millennials had higher after-tax household incomes than young Gen-Xers. Median after-tax household income between 25 and 34 years old Millennials in […]
Read MoreGeneral Greg Weaver 13 Dec
The winter holiday season is often said to be the most wonderful time of the year. However, it is also one of the busiest and most stressful times of the year. There are increased demands at work or in your business. The holidays tend to be socially demanding too. With all this going on at […]
Read MoreGeneral Greg Weaver 2 Dec
Have you ever checked out an open house in the neighborhood, which you had no intention of buying? Or checking out listings online for your dream home? Of course you have! We’ve all looked at houses for fun, even just to examine the possibilities! In reality though, it can actually be quite stressful when you […]
Read MoreGeneral Greg Weaver 30 Nov
Did you know? Close to 70 percent of mortgages never make it to the end of their term! This means that, for a variety of reasons, homeowners are ending their mortgages early. However, that still leaves a solid 30 percent of home buyers who keep their mortgage until the term is up and it is […]
Read MoreGeneral Greg Weaver 5 Nov
For some people, just owning one property and having a single mortgage is enough to handle. But there may be no better way to grow your net worth than real estate. You might not realize homeownership can be a gateway to owning multiple investment properties. You might be thinking: there’s no way I can turn […]
Read More