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 | First-Time Home Buyer, Interest Rates, Mortgages, Real Estate
Buying a home in Ontario can be a wise long-term investment strategy for several reasons. Not only does homeownership provide a sense of security and stability, but it also has the potential to appreciate in value over time, building wealth for the homeowner. However,...
by harmerwealth | Feb 27, 2023 | Interest Rates, Mortgages
If you’re thinking about buying a home, one of the first steps you should take is obtaining a mortgage pre-approval. A pre-approval is a letter from a lender that indicates how much money you are qualified to borrow for a mortgage. In this article, we’ll...
by harmerwealth | Feb 26, 2023 | Interest Rates, Mortgages
For most homeowners in Ontario, a mortgage is the largest financial commitment they’ll ever make. As such, it’s important to carefully consider all of your options when it comes time to renew your mortgage. The good news is that in Ontario, you can...
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...
