Latest News Gabriel Da Silva 2 Mar
Bank of Canada Starts Hiking Rates, Signalling More To Come The Governing Council of the Bank of Canada raised the overnight policy rate target by a quarter percentage point in a widely expected move and signalled that more hikes would be coming. This is the first rate hike since 2018. In a cautious […]
Read MoreLatest News Gabriel Da Silva 5 Feb
Statistics Canada released the January Labour Force Survey this morning, reporting a much more extensive than expected decline in jobs last month. The Omicron shutdowns and restrictions took a much larger toll in Canada than expected, as employment fell 200,100 in January and the unemployment rate rose 0.5 percentage points to 6.5%. Ontario and […]
Read MoreGeneral Gabriel Da Silva 2 Feb
Not all insurance products are created equal. One of the most common mistakes homeowners and potential homeowners make is that they hear the word “insurance” and just assume they have it! Well, you might have one kind of insurance, but you might be missing coverage elsewhere. It is important to understand all the different insurance […]
Read MoreLatest News Gabriel Da Silva 8 Dec
The Bank of Canada decided to keep its target for the overnight rate at 0.25%, in line with forecasts and to maintain its forward guidance, which sees a rise in the overnight rate sometime in the middle quarters of 2022. Until then, policymakers vowed to provide an adequate degree of monetary stimulus to support […]
Read MoreSpecial Programs & Offers Gabriel Da Silva 1 Oct
Buying your first home has never been easier! Whether you’re looking at a condo, townhouse or a two-story property there is nothing quite like your first home! Purchasing a home has never been easier, […]
Read MoreMortgage Tips Gabriel Da Silva 6 Sep
When buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”. If you have found your dream home and negotiated a fair price, and you have supplied all the documentation to your broker, you probably assume everything is fine. The reality is that your […]
Read MoreLatest News Gabriel Da Silva 25 Aug
Canada’s inflation rate came in above expectations last week, rising to its highest level in more than a decade. If above-target inflation persists, it could have ramifications for homeowners in the form of shifting rate-hike expectations. Canada’s inflation rate came in burning hot at 3.7% for July, according to data released by Statistics Canada. […]
Read MoreSpecial Programs & Offers Gabriel Da Silva 27 May
An exclusive offer ONLY available through the broker channel, with DOMINION LENDING CENTRES, for FIRST RESPONDERS. Special Rates offered for 5-year terms, fixed or variable. Program available for… -Purchases -Refinances -switching mortgage Prime -1.15% for a 5-year term and receive CASH BACK. Contact us for fixed rates. On approved credit. Let me help, while […]
Read MoreLatest News Gabriel Da Silva 8 May
Long-awaited tweaks to the government’s First-Time Home Buyer Incentive came into effect on Monday. Nearly five months after the changes were first proposed, the Department of Finance and Canada Mortgage and Housing Corporation (CMHC) have enhanced the eligibility criteria for buyers in Toronto, Vancouver and Victoria. As a recap, the FTHBI is a shared-equity program whereby […]
Read MoreMortgage Tips Gabriel Da Silva 30 Apr
Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. But the truth is a buyer cannot expect a mortgage pre-approval will automatically translate into a mortgage. The lender now needs to consider the property itself, approve all the terms and review the documentation before you […]
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