• Where is Your Wealth?

    Will Dunning, Chief Economist for the Canadian Association of Accredited Mortgage Professionals (CAAMP), of which I am a member, wrote an article for the Mortgage Journal called “Keep an Eye on Wealth Effects”. What is the ‘Wealth Effect’? It’s really all about perception…. our perception of wealth, particularly with respect to the value of our

  • 10 Steps To Buying A Home

    Being prepared and knowing what to expect along the way will help the home buying process go more smoothly for you. Working with the right professionals, who educate and support you along the way, will help alleviate the stress of buying your new home. 1. Determine how much you can afford. Based on the combined

  • TD Bank Raises Fixed Rates

    With the bond market yields rising due to concerns about China, Ireland, etc. TD Bank was the first major lender today to increase mortgage rates on terms one to five years. It appears that the 5 year fixed rate will still be under 4% but there is a big jump from where we are currently.