Breaking News: Bank of Canada Raises Rate by 50 bps

News Breaking News: Bank of Canada Raises Rate by 50 bps The Bank of Canada has just raised its key lending rate by 50 basis points, bringing it to 1.00%. This marks the second change to the Bank’s overnight target rate this year and the first 50-bps rate hike...

Is now a good time to refinance your mortgage?

News Is now a good time to refinance your mortgage? The big news in the mortgage world these days has been the steady increase in fixed mortgage rates. Since the start of the year, fixed rates have risen approximately one percentage point, or 100 basis points. As a...

The Value of Working with First Avenue Financial

News The Value of Working with First Avenue Financial Securing financing to purchase a home can be a major undertaking. This is even more true for first-time buyers and particularly in today’s housing market. Having a licensed and experienced professional on your side...

New Year, New Rules – 2018

News New Year, New Rules – 2018 New year rings in with new rules… How large of a mortgage do we qualify for now and after January 1, 2018? Contact us to see how we can help Ready for a Better Experience?              ...

What to Expect from Canada’s Housing Market in 2022

News What to Expect from Canada’s Housing Market in 2022 I’d like to wish you a very happy, healthy and prosperous 2022! Not many forecasters anticipated the extent of the housing market’s performance in 2021. The year ended with both home sales and average...