Ian Reeves/Mortgage Agent#M22000357

07/16/2022

06/29/2022

As of June 2022, we are currently seeing unnatural discrepancies in the size of mortgage loans borrowers will qualify for, and it’s all because of a rift in the space-time stress test continuum. You see, most 5-year fixed mortgage rates are already over 5%, making their stress test a full 2% highe...

05/30/2022

Compared to Toronto, our housing prices here in Sarnia still a great bargain!

https://globalnews.ca/news/8869045/home-buying-canada-inflation-prices-sticker-shock/

05/06/2022

https://www.theobserver.ca/news/local-news/tight-supply-of-homes-for-sale-in-sarnia-area-continued-in-april

When it comes to a home shortage, make sure you're pre-approved and ready to make an offer when the right house comes along.

The number of homes sold in the Sarnia-area continues to slow while the total dollar value of local sales declined in April, but the price of homes didn’t show…

04/20/2022

https://www.ctvnews.ca/business/bank-of-canada-raises-key-rate-to-1-per-cent-and-warns-further-hikes-still-to-come-1.5859939

If you're in the market or your current mortgage is coming due soon, get pre-approved and locked in today!

The Bank of Canada raised its key interest rate by the highest amount in more than 20 years and warned more rate hikes are coming as it increased its outlook for inflation.

04/19/2022

Manage your LIFE, not just your Mortgages. Talk to VERICO Mortgage Advisors today!

04/07/2022

https://www.crea.ca/news/crea-updates-resale-housing-market-forecast-9/

With the increase in interest rates, and with housing prices still going up, you want to get locked into a rate while its still available.

CREA Updates Resale Housing Market Forecast Ottawa, ON March 15, 2022 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards and associations in 2022 and extended the forecast ...

04/07/2022

As rates continue to increase, we might see a softening on pricing increases

Manage your LIFE, not just your Mortgages. Talk to VERICO Mortgage Advisors today!