Category: Uncategorized
-
Los propietarios de cabañas en Ontario pueden aprovechar el nuevo reembolso para renovaciones sostenibles de la provincia
El gobierno de Ontario ha introducido un programa de reembolsos para renovaciones energéticamente eficientes, que podría ahorrar a los propietarios hasta un 30%. Esta iniciativa forma parte de una inversión de $10.9 mil millones durante 12 años e incluye reembolsos para diversas mejoras, como $600 para evaluaciones energéticas del hogar y hasta $12,000 para bombas…
-
How to Find a Loan in Canada with Bad Credit
Navigating financial emergencies with poor credit can be challenging, but securing a bad credit loan in Canada is possible. Understand your credit situation, explore alternative lenders, consider secured loans, and work on improving your credit score. Compare loan offers carefully and borrow responsibly. Continue to full article
-
Why Canadian Mortgage Rates Are Set to Rise | Get Your Mortgage for a LilLez!
The Federal Reserve signals reduced interest rate cuts in 2025, altering market expectations and re-pricing financial instruments. The Fed's focus remains on inflation, with employment stable, avoiding swift rate cuts that could reignite inflation
-
BMO Reinstates Stress Test for Uninsured Mortgage Switches | Get Your Mortgage for a LilLez!
BMO's Change: Reinstates OSFI stress test for uninsured switches after briefly removing it. Qualification Rules: Borrowers must qualify using the higher of 5.25% or contracted rate + 2%.
-
Happy Lunar New Year | Get Your Mortgage for a LilLez!
恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…
-
Big Bank Reactions to Bank of Canada’s 50 Bps Rate Cut | Get Your Mortgage for a LilLez!
Scotiabank: Supported a 50 bps cut, highlighting it aligns with market expectations, despite concerns over rising core inflation and economic risks CIBC: Agreed with the 50 bps cut, arguing it’s reasonable and fits the need for further stimulus into 2025 to boost economic growth.
-
Ontario ahora permite a los desarrolladores construir enormes torres de madera
Una actualización del Código de Construcción de Ontario, vigente a partir del 1 de enero de 2025, permite la construcción de edificios de madera maciza de hasta 18 pisos, aumentando los límites anteriores de 12 y 6 pisos. Este cambio busca facilitar una construcción de viviendas más rápida y rentable, promoviendo la ecología. Las estructuras…
-
How Will the Latest BoC Rate Cut Affect Housing? | Get Your Mortgage for a LilLez!
The Bank of Canada announces a significant interest rate cut to stimulate the housing market. Rate cut expected to ease borrowing costs, boosting demand amidst slow GDP growth and global uncertainty.
-
Mortgage Renewals Set to Challenge Canadian Households | Get Your Mortgage for a LilLez!
Two million mortgages will renew at higher rates, causing significant financial strain in 2025 and 2026. 1.2M mortgages will renew in 2025, with another 980K set for renewal in 2026.
-
BoC Rate Cut: It’s Game on for Home Buyers | Get Your Mortgage for a LilLez!
Lower Variable Rates: Mortgage rates ↓ 0.5%, with broker rates around 4.3%, slightly easing monthly payments. Affordability Boost: Buyers gain ~$30,000 in purchasing power, improving access to homes.