๐๏ธโโ๏ธ Get Ready for a Day of Golf for a Great Cause! ๐๏ธโโ๏ธBy Scott WestlakeMay 3, 20240 comments#OTMH #golftounrment Hey everyone, I'm working again with the Oakville Trafalgar Memorial Hospital (OTMH) Golf Committee to put on another amazing charity golf tournament, and I'd love for you to join us! Mark your calendars for Monday, August 19, 2024, because we're heading to Glen Abbey Golf Club ...Read more...
Federal Budget Targets Rich Canadians For New SpendingBy Scott WestlakeApril 17, 20240 comments#CanadianBudget #2023Budget #FiscalPolicy #Taxation #GovernmentSpending #HousingMarket #RealEstate #CapitalGains #TaxReform #EconomicPolicy #Inflation #GDP #RRSP #HomeBuyersPlan #RentalMarket #Immigra The budget focuses on helping Millennial and Gen Z voters ...Read more...
Ottawa to Allow 30-year Amortizations for First Time Buyers' Mortgages on New HomesBy Scott WestlakeApril 12, 20240 comments#FTHB #firsttimehomebuyer #mortgagenews #insuredmortgage #newbuild #marketupdate Advocates are applauding Ottawa's decision to extend the amortization period on insured mortgages for specific homebuyers, viewing it as a positive step toward making homeownership more attainable. Finance Minister Chrystia Freeland announced the extension to 30 years for insured ...Read more...
The Bank of Canada Cautious, But A Rate Cut In June Is PossibleBy Scott WestlakeApril 10, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates Today, the Bank of Canada held the overnight rate at 5% ...Read more...
March's Weak Jobs Report Sets The Stage For A June Rate CutBy Scott WestlakeApril 5, 20240 comments#BoC #bankofcanada #interestrates #mortgagerates #variablerates #economy #inflation Today's StatsCanada Labour Force Survey for March is much ...Read more...
Great News On The Inflation FrontBy Scott WestlakeMarch 19, 20240 comments#inflation #bankofcanada #boc #rates #mortgagerate The Consumer Price Index (CPI) rose 2.8% year-over-year in February, down from the 2.9% January pace and much slower than the 3.1% ...Read more...
February Data Bode Well For A Strong Spring Housing MarketBy Scott WestlakeMarch 18, 20240 comments#housingmarketupdate #economicoutlook ...Read more...
February Job Gains Double Forecast As Unemployment Rate Ticks UpBy Scott WestlakeMarch 11, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates Today's StatsCanada Labour Force Survey for February was ...Read more...
The Bank of Canada Holds Rates Steady Until Core Inflation Falls FurtherBy Scott WestlakeMarch 6, 20240 comments#bankofcanada #interestrate #boc #variablemortgage #mortgagerates #homesales Today, the Bank of Canada held the overnight rate at 5% ...Read more...
Monthly Mortgage Newsletter - March 2024By Scott WestlakeMarch 4, 20240 comments#monthlymortgagenewsletter #mortgagenews #mortgagenewsletter ...Read more...
Still No Recession In Canada Thanks to...By Scott WestlakeFebruary 29, 20240 comments#recession #inflation #economic #update Real gross domestic ...Read more...
Mortgage Amortizations - More Options Than You Think...By Scott WestlakeFebruary 26, 20240 comments#amortization #mortgageamortization #cashflow Understanding Amortization Periods Your mortgage amortization period is a critical factor in determining the timeline for paying off your mortgage. This period significantly influences the speed at which you become mortgage-free and the amount of interest you pay over ...Read more...
Canadian Inflation Falls to 2.9% in January, Boosting Rate Cut ProspectsBy Scott WestlakeFebruary 20, 20240 comments#inflation #bankofcanada #boc #rates #mortgagerate The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply from December's 3.4% reading. The most significant ...Read more...
Canadian Home Sales Continued Their Upward Trend in January As Prices Fell ModestlyBy Scott WestlakeFebruary 14, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates The Canadian Real Estate Association announced today that ...Read more...
January Jobs Report Dispells Recession FearsBy Scott WestlakeFebruary 12, 20240 comments#economicupdate #drsherrycooper #interestrates #boc oday's StatsCanada Labour Force Survey for January was ...Read more...