by harmerwealth | Aug 18, 2023 | Debt, Interest Rates, Mortgages
Mortgages, whether you’re a first-time homeowner or seasoned property veteran, can sometimes be a cause for concern, especially in a high-interest rate environment. We know that many of you are anxious about the looming prospect of renewing or refinancing your...
by harmerwealth | Jul 18, 2023 | Debt, Interest Rates, Mortgages, Uncategorized
In a refreshing turn of events for Canadians, the inflation rate has dipped to 2.8% in June, according to the latest consumer price index report from Statistics Canada. This is the first time in over two years that the rate has fallen within the Bank of Canada’s...
by harmerwealth | Jun 4, 2023 | Debt, Interest Rates, Mortgages, Real Estate
Canada’s inflation rate came in at disappointing 4.41% for April, compared to 4.3% for the month of March. This minimal change has led to a resurgence of fear that the Bank of Canada will continue its increase to policy rates. Any increase to policy rates results...
by harmerwealth | Apr 28, 2023 | Debt, Interest Rates, Mortgages, Real Estate, Uncategorized
Recent economic data from Canada indicates a slower growth rate in February and an anticipated contraction in March, coupled with a deceleration in inflation. This suggests that the Canadian central bank’s plans to keep interest rates on pause are well-founded....
by harmerwealth | Mar 3, 2023 | Debt, Financial Planning, Mortgages
Refinancing a mortgage can provide homeowners with numerous benefits, including improved monthly cash-flow, lower interest rates, and the ability to leverage equity for investment purposes. In this article, we’ll explore these benefits in more detail and explain...
by harmerwealth | Dec 3, 2022 | Debt, Financial, Interest Rates, Investing, Mortgages
The rise of inflation in 2022 has had a domino effect that has rippled through the day-to-day life of us all. Resulting interest rate increases have caused a decline in real estate and investment markets, and spikes in mortgage rates. Watch above to get a greater...