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How to buy a home in Canada in 2022 – tips from industry professionals

Those who wanted to purchase a property in Canada last year, have faced skyrocketing home prices amid terrible lack of supply. However, 2022 will hardly bring any relief to potential homebuyers. According to the Canadian Real Estate Association (CREA), housing prices were up by...
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Mortgage and real estate trends for 2022

Very unusual, not to say more, 2021 is going to an end and traditionally we are looking into new year and analysing mortgage and real estate trends, predications and forecasts. No matter what part of the mortgage business you look at, the numbers have...
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Merry Christmas and Happy Holidays!

Dear Friends! Wishing your holiday season be filled with sparkles of joy and love. Merry Christmas to you and your family! Sincerely yours, Michael Tulchenetskiy and Denys Derzhavets
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Rate increase forecasts are under question in Canada because of Omicron

The new Omicron variant and forecasts of further high inflation are making some doubt current rate-increase predictions. Although bond markets still expect five rate hikes in 2022 per 0.25% each, leading the overnight rate to 1.50%, others say it will hardly happen. “Investors are...
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Trudeau orders to introduce stricter rules for investment properties

According to Canada’s housing minister, the federal government plans to take stricter measures concerning investment properties in order to cool down real estate prices. The main information about the plans was provided in the mandate letter from the prime minister to housing minister Ahmed Hussen. The...
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