by Derek Moran | Jul 15, 2024 | Advice for Agents, Guest Columns
There are steps we can take to shorten your number of days to quitting time, aka retirement. The math of life after real estate has two major pieces to it. In the simplest form, it’s money coming in and money going out. We’ve discussed the first part, but the latter...
by REM Editorial Team | Oct 26, 2023 | News
Since March of last year, the Bank of Canada has raised interest rates an unprecedented nine times. Not only that, but the rates themselves have swung from historic lows to a 20-year high. Resulting monthly expenses have been just too steep for many mortgage holders....
by REM Editorial Team | Oct 3, 2023 | News
A report released by Re/Max Canada shows recent economic indicators suggesting that Canadian homebuyers may face more interest rate increases. This will slow the condominium markets in major Canadian centres. Nearly 100 communities in seven major markets were assessed...
by REM Editorial Team | Aug 17, 2023 | News
In a landscape marked by recent interest rate hikes, Canadian homeowners are grappling with unforeseen and substantial increases in their monthly mortgage payments, leading to a widespread sense of mortgage malaise, according to a recent survey conducted by The Real...
by Emma Caplan-Fisher | Jul 21, 2023 | Advice for Agents, News
If you’ve never worked with a vendor take-back (VTB) mortgage — much less heard of them — now might be a great time to acquaint yourself. And if it’s been a while, consider brushing up. A finance option popular during the 1980s and 1990s for getting buyers...