Karen Wotherspoon
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How to Hire the Right Property Manager

How to Hire the Right Property Manager

by Karen Wotherspoon | May 6, 2022 | Blog, Homeownership, Mortgage

Rather than going it alone, you may want to consider hiring a property manager whose services can be indispensable. If, for instance, you aren’t inclined to dedicate your coveted free time to emergency requests, weekend repairs or filling vacancies, leave the details...
Spring is the Perfect Time for Your Annual Mortgage Checkup

Spring is the Perfect Time for Your Annual Mortgage Checkup

by Karen Wotherspoon | Apr 8, 2022 | Announcements, Blog, Homeownership, Mortgage

Welcome, Spring! This fresh new season creates a sense of hope for the warmer weather to come. And while you’ll likely begin spring cleaning your home and airing it out after it has been closed up all winter, it’s also important to dust off your mortgage contract...
The Mortgage Stress Test Has Already Increased for Some Borrowers

The Mortgage Stress Test Has Already Increased for Some Borrowers

by Karen Wotherspoon | Mar 25, 2022 | Blog, Guest Post, Mortgage

Special Guest Post Originally posted by Ross Taylor at CanadianMortgageTrends.com, article can be found here   All eyes have been on the Bank of Canada’s recent rate tightening and its impact on variable mortgages, but now there are fresh concerns given the...
Important Steps for Renewing Your Mortgage

Important Steps for Renewing Your Mortgage

by Karen Wotherspoon | Mar 18, 2022 | Blog, Finance, Mortgage

The average mortgage comes up for renewal every five years. And, as you know, a lot can happen over a five-year period. That’s why it’s important to look at your needs and goals every time your mortgage is set to renew to ensure you negotiate the mortgage product and...
What’s a Rate Hold & When Do I Need One?

What’s a Rate Hold & When Do I Need One?

by Karen Wotherspoon | Feb 18, 2022 | Blog, Homeownership, Mortgage

Since rates are expected to begin rising and continue on the incline throughout 2022, if you’re planning to buy property anytime soon, it makes sense to secure a rate hold so you don’t have to worry about missing out on the best rate while you’re home shopping. A rate...
2022 Forecast – Interest Rates, Inflation & Housing

2022 Forecast – Interest Rates, Inflation & Housing

by Karen Wotherspoon | Feb 4, 2022 | Announcements, Blog, Homeownership, Mortgage

In its first policy interest rate announcement of the year – on January 26th – the Bank of Canada (BoC) maintained its current record-low rate of 0.25%. The decision was in line with 2021 forecasts that a rate hike would occur in the second or third quarter of 2022....
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