As written by Sean Rankin In the realm of mortgages, every fluctuation in the economy, particularly concerning interest rates, holds significant weight. As the financial landscape continues to evolve, so too does the mortgage market. Today, we delve into the recent decision by the Bank of Canada to maintain its key interest rate at 5% […]
As written by Sean Rankin In a key decision on December 6, 2023, the Bank of Canada, under Governor Tiff Macklem, opted to keep the overnight interest rate steady at 5%. This move, aligning with the predictions of economists and market trends, comes in response to signs of a slowing economy and increasing unemployment rates. […]
as written by Sean Rankin, Mortage Agent Summer is officially in full swing which means vacation time, backyard barbecues, pool parties, etc., but summer is also “moving season”. If you’re one of the many Canadians who will be moving this summer, I want to talk to you about a topic that could be very […]
Thinking about investing? There are lots of options out there, but it’s important to weigh the pros and cons. Real estate investments can bring in an income stream and the stock market can be volatile. Do your research and decide what works best for your financial goals! Pilon Real Estate Group Featured Listings: Click […]
Picking the right lender to work with is crucial when you are looking at buying a home. Here are our top 3 tips to ensure you pick the right one for you! Pilon Real Estate Group Featured Listings: Click here! We Keep You Covered When You Buy a Home With Our 12 Month Buyer […]
as written by Sean Rankin Aspiring homebuyers now have another financial tool to help them save for a downpayment. The First Home Savings Account (FHSA) came into effect on April 1 and will give eligible first-time homebuyers the ability to save up to $40,000 tax-free over the lifetime of the plan. Contributions made to an FHSA […]
It’s hard to believe after all of the uncertainty over the last year or so but fixed interest rates just came down! Pilon Real Estate Group Featured Listings: Click here! We Keep You Covered When You Buy a Home With Our 12 Month Buyer Protection Plan! Details at: www.HomeBuyerProtectionPlan.ca Free Home Search With Proprietary […]
You’ve filed your taxes (or you’re planning to very soon) and you’re expecting an income tax refund. To some, this perceived windfall can be a sign to go on a spending binge. If you’re getting an income tax return, that means you’ve overpaid taxes and you’re simply getting some of that back. Stop treating your […]
Good news for buyers! The Bank of Canada has decided not to raise its rates this month after an unprecedented 8 increases over the last year. Watch our videos to learn more and take advantage of this opportunity! Pilon Real Estate Group Featured Listings: Click here! We Keep You Covered When You Buy a […]
As written by Sean Rankin, Mortgage Agent With 2023 underway, and the latest Bank of Canada rate increase to 4.5%, combined with the stress of the increased cost of living on Canadian households, the questions that are on everyone’s minds are… where will rates go from here, and what does this mean for the housing […]
