Homebuyers to get new mortgage incentive, Home Buyer’s Plan boost under 2019 budget

03.27.2019posted by: Walter Mota
Can’t afford to buy a house? The government may take on part of the cost. That is the gist of the boldest proposal that Budget 2019 puts forth to help more middle-income Canadians fulfill their homeownership dream. Under the new CMHC First-Time Home Buyer Incentive, the Canada Mortgage and Housing Corporation would use up to…
Read More

Bank of Canada maintains current interest rate

03.06.2019posted by: Walter Mota
Bank of Canada stands pat   To few people’s surprise, the Bank of Canada is opting to maintain the target for the overnight rate at 1.75%–but the future of interest rates is much less clear.   While the Bank projected a temporary slowdown at the end of 2018 and into 2019, the slowdown has been much…
Read More

Check out these tips from HOUZZ on how to change the look of your living room space…

03.04.2019posted by: Walter Mota
Read More

How to Handle Renovation Stress AND Refresh Your Space – New Trends – July 2018

07.18.2018posted by: Walter Mota
Reprinted from PILLAR TO POST HOME INSPECTORS – POSTNOTES – JULY 2018 HOUSE SENSE – RENOVATION STRESS A bit of planning in advance will help keep you sane during a renovation. Careful planning will not only allow you to hold onto your sanity during the upheaval but will also ensure you get the best bang…
Read More

Making Sense of Mortgage Insurance – What’s the Deal?

03.05.2018posted by: Walter Mota
CMHC / GENWORTH FINANCIAL INSURANCE For most people the hardest part of buying a home, especially a first home, is saving the necessary down payment.  If you have less than 20% of the purchase price to put down, you will be required to purchase mortgage insurance through your lender.  Mortgage insurance protects your lender against…
Read More