by George Gikas | Aug 1, 2017 | Blog, Guest Post, Homeownership
More than a third of first-time homebuyers in Canada are single. If you’re thinking of joining this group, here’s what you need to do and know before jumping into homeownership. Study the market. Identify neighbourhoods you want to live in and check to see how much...
by George Gikas | Jul 25, 2017 | Blog, Homeownership
Housing affordability questions have placed homeownership and public policy near the top of the national agenda, as mortgage brokers know. Most of the commentary has been focused on the extent to which government policy, particularly with regards to supply, is...
by George Gikas | Jul 12, 2017 | Announcements, Blog, Mortgage
The following is the latest Bank of Canada rate announcement, if you have any questions about what this rate increase means for you and your mortgage, please don’t hesitate to contact me anytime. If you’re a fixed rate mortgage holder, this change...
by George Gikas | Jul 4, 2017 | Blog, Economy
Here is the latest economic update from Verico’s economist Michael Campbell. I think that anyone working in the real estate industry can be forgiven for waking up in a cold sweat muttering what Ronald Regan called the 9 scariest words in the English language:...
by George Gikas | Jun 27, 2017 | Blog, Economy, Guest Post
Recently, the Bank of Canada released its semi-annual Financial Systems Review (PDF document), which identifies some of the major risks that the Bank foresees on the economic horizon. Unsurprisingly, the Bank pinpoints increased levels of Canadian household debt and...
by George Gikas | Jun 20, 2017 | Blog, Homeownership
Often times it’s the simple math that will betray you when selling a property. In your head you do quick calculations, you take what you think your property will sell for and then subtract what you owe on your mortgage, and the rest is your profit! Well…...
