Mortgage shoppers take note: Cheap money is here to stay, at least for the next two years, the Bank of Canada reaffirmed during its interest rate decision on Wednesday. The BoC had previously provided guidance that rates would remain at their effective lower bound—currently 0.25%—“until 2 percent inflation target is sustainably achieved,” but went a [...]
The stress test rate is about to fall for the second time in three months following cuts by Canada’s Big Six banks to their 5-year fixed posted rates. Mortgage experts say the Bank of Canada will reduce the benchmark qualifying rate—a.k.a., “stress test rate”—from 4.94% to 4.79% this week. National Bank of Canada cut its [...]
Whether you qualify with Clover Properties to Rent to Own a condo, townhouse or detached home, choosing a home that you will call your own can be overwhelming. An experienced real estate agent can help simplify and speed up the house-hunting process for you and your family. Anita Bongers-Lewis is one of the outstanding agents [...]
Considering Rent to Own by Michael Dominguez. Many members of the Doors to Wealth team had the opportunity to attend a three day event learning more about the rent to own program with the market leader in that business, Clover properties. Their success rate is unparalleled in the industry and we at Doors to Wealth [...]
There is a common misconception that homeownership is not attainable for single people or families facing setbacks. Those setbacks could be personal or financial, but regardless of their nature, they often leave potential homebuyers feeling lost and defeated. But real estate agent Janet Esau is ready to help change that narrative for the better by [...]
