by David Lacusta | Jan 20, 2021 | Announcements, Blog, Mortgage
Bank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing. The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent...
by David Lacusta | Jan 13, 2021 | Blog, Finance, Mortgage
A question that comes up from time to time when discussing mortgage financing is, “If I have collections showing on my credit bureau, will that impact my ability to get a mortgage?” And as the answer might have a broader application than what you might initially...
by David Lacusta | Jan 6, 2021 | Blog, Finance, Mortgage
The beginning of a new year is an ideal time to review your finances. Hopefully, with the wild ride of 2020 behind us, 2021 is a time we can all move forward. Regardless of where you’re at financially or your financial goals, here are four areas to consider as you...
by David Lacusta | Dec 22, 2020 | Blog, Mortgage
As simple as porting your mortgage! Said by no one ever. The truth is, there is nothing simple about porting your mortgage. “Porting your mortgage” involves transferring the remainder of your existing mortgage term, outstanding principal balance, and...
by David Lacusta | Dec 15, 2020 | Blog, Mortgage
While this potential second wave of COVID-19 is causing uncertainty in the Canadian economy, understandably, many homeowners are on edge. And although it might feel right to sit tight and see how things pan out, if your mortgage is up for renewal in the next 3-6...