The Bank of Canada kept its key interest rate target on hold as it pointed to a climate of broadening, important unknowns around trade. In explaining its decision to maintain its benchmark rate at 1.25 per cent, the central bank notes that recent trade policy developments are a key source of uncertainty for the Canadian…

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Awesome tips for home staging! Let’s face it, we live in the era of Pinterest and reality shows and although it may seem daunting to make your home look like one of wonderfully staged homes you see on Pinterest or on TV, we can tell you it’s not as difficult as you may think.  It…

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The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation has picked up in recent months, as anticipated in the Bank’s July Monetary Policy Report (MPR), reflecting stronger economic activity and…

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OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply. The revised Residential Mortgage Underwriting Practices and Procedures will take effect from January 1, 2018 and include several key changes that the regulator says is part of its expectation that federally-regulated…

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Home ownership is one of the biggest investments most people ever make. When it’s time to sell your property, the standard practice is to find a real estate agent. After the sale, your agent and the buyer’s agent will share about 6% of the sale price as their commission, which amounts to a hefty portion of…

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Selling your home without a Realtor is not as difficult as you may think. The Toronto real estate market as an example is the best supported case, with many buyers and low inventory selling your home with zero percent commission can be achieved. Save thousands of dollars on the sale of your home with ForSaleDirect.ca…

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For most home owners trying to sell a home means the home should look tip top or at least present nicely to the new buyers. Here are some quick and easy fixes to get your home ready. Giving your floors some life. Upgrading flooring doesn’t’ have to be very expensive. If your floors are dated…

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Once in a while there is a home that although in an active market, for some reason it won’t sell, it basically just sits there. It doesn’t mean you have bad luck, it means that the issue is right in front of you, before giving up, consider the following factors. A lack of curb appeal…

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As December real estate performance markets start to trickle in, we’re getting a sense of how some major markets performed in 2016. Edmonton, Toronto and Vancouver each had their own compelling real estate stories in 2016. But how did they each perform last year? Vancouver Once the darling for real estate in Canada, Vancouver had…

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