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Why the Bank of Canada Is Going Slow and Steady  

by Jodi | Apr 15, 2018 | First Time Home Buyer, Interest Rates, Mortages, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized

The Bank of Canada is holding interest rates at 1.25% after their April meeting, but they’ve already said they’re going to raise interest rates later this year as soon as the data says it is warranted.   Why did the Bank of Canada keep rates steady? Because of the...

The Intergenerational House Purchase

by Jodi | Apr 3, 2018 | First Time Home Buyer, Interest Rates, Mortages, Mortgage, Mortgage Advice, Mortgage Blog, Mortgage broker, Uncategorized

An increasingly common wedding present request is not furniture or dishes but money toward the purchase of a home.   The Home Buyer’s Plan allows you to take out up to $25,000 from your RRSP to buy a home in Red Deer for the first time, though the money must be paid...

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