Michael Wallace - Mortgage Broker

Michael Wallace || January 30, 2023

Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button

The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank...

Michael Wallace || January 12, 2023

What you need to know about Canada’s new foreign buyer ban

The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability...

Michael Wallace || November 28, 2022

Top home improvement tips to consider before selling your home

A renovation is probably the last thing on your mind right before you plan to sell your home. However, there are some key areas where a little bit of TLC can go a long way to...

Michael Wallace || October 28, 2022

The Bank of Canada says its rate-hike phase is almost over

The Bank of Canada confirmed that additional interest rate increases are necessary, but that we’re now nearing the end of the current rate-hike cycle. Bank of Canada Governor Tiff Macklem made...