by Karen Wotherspoon | Jan 30, 2018 | Blog, Homeownership
The larger home is not always the better home. Yes, there still exists a large group of individuals who enjoy owning a grand estate, complete with all the modern conveniences, in addition to everything you could ever want; and of course, there’s nothing inherently...
by Karen Wotherspoon | Jan 23, 2018 | Blog, Mortgage
There aren’t too many Canadians who are able to save up enough money to pay cash for their home. This is why we have mortgages. A mortgage is a loan made to assist a borrower to purchase a property. The property is held as collateral and interest is charged on...
by Karen Wotherspoon | Jan 17, 2018 | Announcements, Blog, Mortgage
The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly...
by Karen Wotherspoon | Jan 9, 2018 | Blog
If you have been looking to find the right first home within your budget, it’s a matter of mind over money, here’s some tips from Genworth Financial that will help you keep perspective! It’s hard to say “goodbye” to your dream home. But if you fall for a...
by Karen Wotherspoon | Jan 2, 2018 | Blog, Mortgage
2017 is in the rear view mirror and the road to 2018 is directly in front of us! As starting a new year is a great time to gain some perspective, let’s reflect on some of the changes brought about this last year in the Canadian housing and mortgage market, and...
by Karen Wotherspoon | Dec 19, 2017 | Blog
I’m going to be taking a short blog holiday over the Christmas season and will resume publishing new content in January of 2018. If you need to reach me for any reason, please don’t hesitate to contact me anytime! Hope you have an incredible remainder of...
by Karen Wotherspoon | Dec 6, 2017 | Announcements, Blog, Mortgage
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. The global economy is evolving largely as expected in the Bank’s October Monetary Policy...
by Karen Wotherspoon | Dec 5, 2017 | Blog, Finance, Guest Post
So you want to be a millionaire. Sigh, don’t we all. It might feel like a lofty goal but it turns out the underlying principles millionaires follow when it comes to their money are pretty basic. Some of them are downright boring. But they obviously work, so let’s...
by Karen Wotherspoon | Nov 28, 2017 | Blog, Productivity
Let’s face it: while there is an abundance of articles on how to become more productive, there aren’t a lot on becoming less productive. With that in mind, I decided to put this article together. While it’s helpful to focus on how to get more done every day, it can...
by Karen Wotherspoon | Nov 14, 2017 | Blog, Mortgage
One of the benefits of working with an independent mortgage professional; compared to getting your mortgage through a single institution, is choice. And as there are even more mortgage rules coming into place January 1st 2018, (read about them here) now more than...
