Category: Blog (54 posts)
Home Equity - Refinance vs 2nd mortgage
November 9, 2023 | Posted by: Patrick Mulhern
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November is Radon action month
November 2, 2023 | Posted by: Patrick Mulhern
Spotlight on Radon: November is Radon Action Month in Canada Health Canada estimates that 1 in 14 homes in Canada has an elevated level of radon. P ... [read more]
Bank of Canada maintains the key rate at 5.0%
October 25, 2023 | Posted by: Patrick Mulhern
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Good news for interest rates
October 17, 2023 | Posted by: Patrick Mulhern
Canada inflation falls in September Mortgage interest and rent payments remain a huge contributor to annual price growth Canada’s inflation rate ticked down slightly in September, ... [read more]
Fraud prevention
October 4, 2023 | Posted by: Patrick Mulhern
Fraud prevention Protecting Your Information Fraud takes on many forms and is continually changing. Identity theft is a common form of fraud. Identity theft occurs when your personal inf ... [read more]
Unlocking the door to your dream home
September 28, 2023 | Posted by: Patrick Mulhern
Unlocking the Door to Your Dream Home: Exploring First-Time Homebuyer Options Home Sweet Home: these three words hold a special place in our hearts. Owning a home is a dream many o ... [read more]
Bank of Canada - no change - next meeting October 25th
September 6, 2023 | Posted by: Patrick Mulhern
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Inflation lower than anticipated
September 5, 2023 | Posted by: Patrick Mulhern
Canada’s economy contracted in Q2, raising the odds of a BoC rate hold Sep 5, 2023 The Canadian economy contracted in the second quarter, led by a sharp drop in construction activity ... [read more]
Reasons to refinance your home
August 31, 2023 | Posted by: Patrick Mulhern
Top Reasons To Refinance Your Home And Reasons Why You Maybe Should Not. Refinancing a mortgage means replacing your existing loan with a new one, either with your current lender o ... [read more]
Good news - Inflation rate drops to below 3%
July 18, 2023 | Posted by: Patrick Mulhern
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Bank of Canada raises interest rate to 5.0%
July 12, 2023 | Posted by: Patrick Mulhern
Bank of Canada raises its key rate The Bank of Canada increased the overnight rate today to 5% despite the decline in the inflation rate to 3.4% as of May 2023 because o ... [read more]
Income property - retirment strategy
July 8, 2023 | Posted by: Patrick Mulhern
Catching Up on Retirement with an Income Property: A Wise Investment Strategy As the retirement landscape continues to evolve, many individuals find themselves concerned about the adequacy of t ... [read more]
Bank of Canada increased .......... could have gone either way
June 7, 2023 | Posted by: Patrick Mulhern
Economic growth leads the Bank of Canada to increase its benchmark interest rate Be the expert Jun 7, 2023 First National Financial LP Today, the Bank of Canada increased its ove ... [read more]
First Home Savings Account - started April 1, 2023
April 5, 2023 | Posted by: Patrick Mulhern
A New Tool in Your Box as of April 1, 2023 What is a First Time Home Savings Account (FHSA)? An FHSA is a new type of savings account introduced by the federal government that pr ... [read more]
Key housing related facts from yesterday's budget
March 29, 2023 | Posted by: Patrick Mulhern
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Stress Test rate unchanged
December 15, 2022 | Posted by: Patrick Mulhern
Canada’s banking regulator is keeping its qualifying rate for uninsured mortgages unchanged, staving off calls from some quarters to relax the criteria amid a surge in in ... [read more]
Bank of Canada - October 26 annoucement
October 26, 2022 | Posted by: Patrick Mulhern
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Bank of Canada - another .75% increase
September 7, 2022 | Posted by: Patrick Mulhern
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History chart on financial markets
August 31, 2022 | Posted by: Patrick Mulhern
Here is an interesting timeline of financial events over the years. ... [read more]
Rising interest rates
June 2, 2022 | Posted by: Patrick Mulhern
How rising rates can affect your mortgage The one-two-punch of supply chain issues and th ... [read more]
Federal budget - real estate
April 8, 2022 | Posted by: Patrick Mulhern
Federal Budget Released April 7, 2022 Impacts on Mortgage Brokers ... [read more]
Bank of Canada rate increase- 1st in 2 years
March 2, 2022 | Posted by: Patrick Mulhern
Bank Of Canada Rate Update March 2, 2022 March 2 2022 Bank of Canada Increases Policy Interest Rate The Bank of Canada today increased its target for the overnight rate ... [read more]
More fixed rate increases
February 16, 2022 | Posted by: Patrick Mulhern
Pressure on the bond market continues to put pressure on rates. Looks like we are going to see another round of fixed rate increases by the end of this week. RATES: Here i ... [read more]
Bank Rate - no change that shocked many experts
January 26, 2022 | Posted by: Patrick Mulhern
Bank of Canada maintains policy rate, removes exceptional forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of � %, with the Bank Rate at ... [read more]
Mortgage Matters - January 2022
January 14, 2022 | Posted by: Patrick Mulhern
Happy New Year: It's time to look at some upcoming deadlines for property owners as well as a rate update. ADVANCE PROPERTY TAX NOTICE: Deadline is February ... [read more]
Bank of Canada - no change
December 8, 2021 | Posted by: Patrick Mulhern
Bank Of Canada Rate Update December 9, 2021 December 8 2021 Bank of Canada maintains policy rate and forward guidance The Bank of Canada today held its target for t ... [read more]
How to hire a handyman
November 23, 2021 | Posted by: Patrick Mulhern
HOME MAINTENANCE How To Hire A handyman Whether it’s a big project such as a bathroom remodel, something small like putting up shelves, or repairs and routine maintenance, many ... [read more]
BC Working Hard to Strengthen Protection for Home Buyers
November 8, 2021 | Posted by: Patrick Mulhern
BC Working Hard to Strengthen Protection for Home Buyers To better protect consumers in B.C.’s real estate market, the Province is introducing legislation that requires cooling off pe ... [read more]
What is home equity and how do I build it?
October 13, 2021 | Posted by: Patrick Mulhern
What Is Home Equity and How Can I Build it? Home equity is an essential asset for creating wealth and income. Learn how home equity is calculated, why it's important, and five steps ... [read more]
How to assist your child in homeownership
October 7, 2021 | Posted by: Patrick Mulhern
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