In today’s dynamic financial world, choosing the right mortgage is one of the most important decisions you’ll ever make. Whether you’re a first-time homebuyer or looking to refinance, the maze of mortgage options can feel overwhelming. That’s why having an experienced, trusted guide can make all the difference. I’m Danny Benjamin—a dedicated mortgage expert […]

Global Tariff Uncertainty Sidelines Buyers Canadian existing home sales recorded over the MLS Systems climbed 3.6% between April and May, a normally strong month for housing, marking the first gain in activity since last November. The Greater Toronto Area (GTA), Calgary, and Ottawa led the monthly increase. “May 2025 not only saw home sales move […]

  In January, the Consumer Price Index (CPI) rose by 1.9% year over year (y/y), up from 1.8% in December. This rise was primarily due to an uptick in energy prices. Excluding gasoline, the CPI increased by 1.7% in January, down from 1.8% in December. Higher energy prices, particularly gasoline and natural gas were the […]

Managing debt is challenging at any age, but it can be especially stressful in retirement when income is limited. Many Canadians turn to debt consolidation to simplify payments and lower interest rates. However, traditional options—such as personal loans, refinancing, or home equity lines of credit—often require a strong credit score and steady income, making them […]

Bank of Canada Cuts Policy Rate By 25 BPs The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basis point reduction, and consensus aligned with this expectation. The Federal Reserve is […]

Stronger-Than-Expected Jobs Report in December Today’s Labour Force Survey for December was much stronger than expected, as many thought the Canada Post strike would have a larger impact. Employment rose by 90,900 net new jobs last month, and the employment rate—the proportion of the population aged 15 and older who are employed— increased by 0.2 percentage points […]

  With inflation and rising prices affecting Canadians nationwide, now is the perfect time to take charge of your finances. One of the most effective ways to do this is by creating a monthly budget. A well-structured budget provides a clear picture of your income, tracks your expenses, and helps you make informed decisions to […]

  Are you thinking about buying your first home? Congratulations! This is a major milestone, and we want to make sure you know about all the fantastic first-time homebuyer benefits available to help you save money and make the home-buying process smoother. Let’s dive into some incredible programs and incentives designed just for you. 1. […]

With recent interest rate cuts by the Bank of Canada, now is a great time to understand how these changes might impact your mortgage. Let’s dive into how these shifts could benefit you — whether you’re a current homeowner, looking to renew, or considering purchasing a home. ### Variable-Rate Mortgages: More Cash Flow in Your […]

  Creating a legacy is about more than just leaving behind financial assets—it’s about enriching the lives of your loved ones and making a meaningful impact on your community. For Canadian homeowners, the CHIP Reverse Mortgage offers a unique way to create a “living legacy” by accessing the equity in your home and supporting your […]