by Rakhi Madan | Aug 3, 2022 | First Time Home Buyer, Purchases, Tips |
Given the softening housing market in Brampton, Toronto and the GTA, I’ve been asked when is the best time to buy – now or wait? History has proven that it is almost impossible to perfectly time the market. Since home ownership has proven to be a very solid investment...
by Rakhi Madan | Jul 5, 2022 | Tips |
The effects of inflation and rising rates are top of mind for homeowners in Brampton, Toronto and the GTA. After all inflation was 6.8% in April and 7.7% in May, Canada’s highest level in decades. Let’s look at how certain choices can help make sure you are prepared...
by Rakhi Madan | Jun 3, 2022 | Credit, Purchases, Refinance, Renewal |
Yes, we are in uncertain times. The recent .5% increase to the Bank of Canada overnight rate was expected but each increase can be unsettling, even though we haven’t yet reached pre-pandemic levels. While many in Brampton, Toronto and the GTA are viewing our current...
by Rakhi Madan | May 3, 2022 | First Time Home Buyer, Purchases, Qualifying, Refinance |
For homebuyers and owners in Brampton, Toronto and the GTA, the last two Bank of Canada rate announcements have been quite the wake-up call after two years of historically low pandemic rates. We knew it was coming and we prepare the best we can, but it always does...
by Rakhi Madan | Apr 12, 2022 | News |
The Federal government’s Budget 2022 was expected to have several measures to help Canadians with housing affordability and they certainly did deliver several initiatives. It wasn’t exactly what the mortgage industry wanted, like 30-year amortizations for first-time...