Why your groceries, homes and rents cost more. A Critical Analysis
The Bank of Canada put out a report entitled What drives up the price of groceries? They could have easily simplified the title to say “What Drives Up the Price of Everything”. Their answer is the...
View ArticleBank of Canada Rate Cut July 2024: Impact on Mortgages and Economy
The Bank of Canada just cut the overnight rate by another 0.25%. For the second consecutive month, they’ve lowered the rate. In total, a 0.50% drop in two months. (not enough, but it’s a start) Great...
View ArticleThe Great Mortgage Reset
A FOUR PART SPECIAL EDITION… PART 2 of 4 Canada’s mortgage lending rules and policies are broken. They just don’t work. And the more our Federal government tries to help, the worse it gets. This is...
View ArticleThe Great Mortgage Reset
A FOUR PART SPECIAL EDITION… PART 3 of 4 Canada’s mortgage lending rules and policies are broken. They just don’t work. And the more our Federal government tries to help, the worse it gets. This is...
View ArticleThe Great Mortgage Reset
A FOUR PART SPECIAL EDITION… PART 4 of 4 THE GREAT MORTGAGE RESET… MY RECOMMENDATIONS. This policy of making it harder to borrow money has only hurt the little guy, the first time buyer and second...
View ArticleWhy Everyone Should Choose The Longest Amortization Possible
One of the most common requests I get when discussing mortgage options with my clients is that they want the shortest amortization they can afford. They want to pay their mortgage off as soon as...
View ArticleAsk the Expert: Steve Garganis on future bidding wars and why the feds should...
I had the pleasure of being interviewed by RatesDotCa for their Ask The Expert edition on the current and future markets, rates prediction, amortization, and new changes to the mortgage industry. Here...
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