Home Is Home Blog
With all of the mortgage information out there, it can be overwhelming to know fact from fiction.
Steve Tallo is here to help!
Is now a good time to refinance your mortgage?
The big news in the mortgage world these days has been the steady increase in fixed mortgage rates. Since the start of the year, fixed rates have risen approximately one percentage point or 100 basis points. As a general guide, for every 0.25% increase in mortgage...
Bank of Canada Raises Rates by 25 bps
The Bank of Canada has just raised its key lending rate by 25 basis points, citing…This marks the first change to the Bank’s overnight target rate in two years and the first-rate hike since October 2018. In its statement accompanying the decision, the Bank said: “As...
The Value of Working with Me, a Mortgage Professional
Securing financing to purchase a home can be a major undertaking. This is even more true for first-time buyers and particularly in today’s housing market. Having a licensed and experienced professional on your side throughout the mortgage process can bring...
Rate Hikes Are Coming, What Should You Do?
The Bank of Canada may not have raised rates at its recent January meeting, but it’s clear that interest rates are headed higher tout suite. Those with a variable-rate mortgage may be understandably on edge these days, despite the fact many will still come out...
What to Expect from Canada’s Housing Market in 2022
I'd like to wish you a very happy, healthy and prosperous 2022!Not many forecasters anticipated the extent of the housing market's performance in 2021. The year ended with both home sales and average prices up over 20% compared to the previous year, driven...
The Debt Solution May Well Be Within Your Home
You can pay off debts, take out money from your home….AND still, lower your total monthlypayments. Does this sound too good to be true…It’s not!!! Homeowners saved almost $1,800 in monthly debt payments. Please see the attached refinancethe solution that may be yours...
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