2025

Why Canadian Mortgage Rates Are Set to Rise

The Federal Reserve signals reduced interest rate cuts in 2025, altering market expectations and re-pricing financial instruments. The Fed's focus remains on inflation, with employment stable, avoiding swift rate cuts that could reignite inflation...

Big Bank Reactions to Bank of Canada’s 50 Bps Rate Cut

Scotiabank: Supported a 50 bps cut, highlighting it aligns with market expectations, despite concerns over rising core inflation and economic risks CIBC: Agreed with the 50 bps cut, arguing it’s reasonable and fits the need for further stimulus into 2025 to boost economic growth....

Why BoC Expects No Recession in 2025

The BoC cut rates by 50 basis points as inflation nears 2% and GDP growth slows. Upcoming GST break, mortgage cap increase, and $250 rebate may boost spending amid U.S. tariff concerns....

Happy Lunar New Year

恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off...

Down Payment Tips for Home Buyers

Down payments are a crucial part of home buying success in Canada, beyond just mortgage rates.The minimum down payment in Canada depends on the home’s price and your province of purchase....

First-Time Home Buyer’s Guide: 10 Steps For Buying Your First Home

Buying your first home requires careful preparation, especially with high housing prices in Canada. A down payment typically ranges from 5% to 20% of the home's price, with additional costs like closing fees, home inspections, and property taxes. First-time buyers can access various incentives, such as the First-Time Home Buyers Incentive and the RRSP Home Buyers Plan. It's crucial to assess...

Check out my new listing Address: 5 Glenview Dartmouth, Nova Scotia B2Y4J9

Welcome to 5 Glenview Drive, a charming three-bedroom home just five minutes from downtown Dartmouth. This propertyis within walking distance of the NSCC Ivany Campus and Dartmouth General Hospital. It also offers quick access tothe ferry or bridge to Halifax, and it?s conveniently located on a major bus route.Step inside and explore the possibilities! The...