Rates and Affordability

  After enjoying years of record-low interest rates, homeowners now need to prepare themselves for the inevitability of rising loan rates. The first indication of an increase came back in July when the Bank of Canada raised their benchmark interest rate by 25 basis points, its first increase in almost ...

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The Vocabulary of Selling a Home

As in any industry, there are terms and buzzwords that are unique to residential real estate. When you put your home on the market, you should know what those terms mean. Here are definitions for the most common ones: Fair market value: This is an estimate of how much a ...

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