by cmsdudes | Sep 22, 2023 | Blog
*The information below comes from the MPC (Mortgage Professionals Canada) Market Review for August 2023 Economists were expecting an uptick to 3% annually from June’s reading of 2.8%, but the actual number came in at 3.3%, including a 0.6% monthly increase in July...
by cmsdudes | Sep 11, 2023 | Blog
The Bank of Canada has a single mandate—to ensure that inflation returns to the 2% target. This means that the Bank will raise interest rates if inflation is too high and lower interest rates if inflation is too low. The U.S. Federal Reserve, in contrast, has a dual...
by cmsdudes | Sep 11, 2023 | Blog
Financial independence is a critical skill for future success that your children will not learn anywhere else. Not only does financial literacy help your children have more success in life, but it allows them to move out sooner and it avoids delaying your retirement...
by cmsdudes | Sep 11, 2023 | Blog
When it comes to purchasing a home, most offers include “conditions” (or “subjects” if you are in the provinces of British Columbia or Manitoba), which are requirements or criteria to be met before the sale can be finalized and the property is transferred. Some of the...
by cmsdudes | Aug 10, 2023 | Blog
The Bank of Canada remains staunch in its battle against inflation, utilizing its primary weapon—the overnight policy rate—which has escalated from 25 basis points to 500 bps since March 2022. This historically low overnight rate was a direct consequence of the...
by cmsdudes | Aug 10, 2023 | Blog
It’s the season of outdoor parties and a summer BBQ is the perfect way to enjoy time with friends and family! For some tips on how to make this year’s get-together your best one yet, check out my list below: Set the Mood: String up fairy lights, plug in a radio with...
