In simplest terms, the swift collapse of Silicon Valley Bank (SVB) and Signature Bank in the U.S. was a direct result of higher rates and the speed at which those rates were implemented. It was a...

Looking to become a new homeowner in Mississauga, Toronto, or the GTA? The Tax-Free First Home Savings Account (FHSA) is here to help! Combining elements of both an RRSP and TFSA account, the FHSA...

The housing market in Brampton, Toronto and the GTA has withstood the test of time and is not in danger of crashing like the US did back in 2008 despite higher mortgage rates and an economic slow...

With the unemployment rate at 5% in Canada and inflation at 6.3%, the Bank of Canada did not hesitate to raise the overnight rate today by a quarter percentage to 4.5%. In a recent...

Last week OSFI unveiled proposed new mortgage rules that could take mortgage qualifying beyond the current stress test. The proposed new rules, which are currently out for pubic consultation until...

What happened to mortgage rates and the real estate market in 2022 caught everyone by surprise. In fact, it was downright shocking. We started the year with the overnight rate at 0.25% and the Bank...

Canada is inviting many immigrants every year from India, Pakistan, Bangladesh, China, Philippines and from all over the world. If you are new to Canada and are looking to purchase your own home, it...

Rated the Top Individual Mortgage Agent by Invis Mortgage Brokerage in 2021 We are very excited to share this great news with our customers. We have been recognized as “1ST PLACE Canada-Wide”...

Banks vs. Mortgage Brokers Banks are obviously the direct lenders. They are the financial institutions that offer loans with interest rates based on your financial situation. Mortgage brokers,...

The first thing that comes to mind when we think of holidays is involuntary splurging on items that may not be necessary or the stuff which is beyond our budget constraint. It does not seem harmful,...