Client Education Archives - Page 2 of 8

September Housing Market Update

Posted on August 28, 2024September 22, 2025 by Gerard Buckley

Gerard’s Take: Interest Costs in 2024 Why is this? Many Canadians feel like we are in a recession with reduced spending power over the last two years and higher cost of mortgage renewals. In some cases, mortgage costs on renewals are going up by 200 – 300%. With current house prices being high and average […]

Staycation Ideas Near Lake Huron

Posted on July 24, 2024September 22, 2025 by Gerard Buckley

Budget-Friendly Ways to (Not) Get Away this Summer With costs soaring as the temperature rises, are you struggling to find a family-friendly adventure that doesn’t hurt your wallet? Why not explore what Lake Huron has to offer, where you can escape the grind just a short drive away! This summer, embark on a budget-friendly […]

Should You Refinance Your Mortgage?

Posted on June 13, 2024September 22, 2025 by Gerard Buckley

The Benefits of Refinancing a Mortgage in Ontario After a long, expensive haul, it seems like the smell of interest rate cuts could be in the air. But for Canadians dealing with the burden of high interest rate cuts right now, another solution could offer relief. Refinancing a mortgage might sound like financial jargon, but […]

June Housing Market Update for Ontario

Posted on June 5, 2024September 22, 2025 by Gerard Buckley

Higher Prices for Everything There is no shortage of people discussing whether we have or do not have inflation. What we do have are higher prices than we had 1, 2, 3 or 5 years ago. We have higher prices for everything from food, energy and consumer goods to housing costs, taxes, and development charges. […]

How a Construction Mortgage Works

Posted on April 22, 2024September 22, 2025 by Gerard Buckley

Building a custom new home in 2024? Let us guide you through the ins and outs of a construction mortgage So – you’re building a home in 2024, “Year of the High-Interest Rate.” Your dreams are big, and for that, we salute you. While it may not be the easiest time to build in Ontario’s […]

Mortgage Renewal – When Should I Renew?

Posted on February 28, 2024September 22, 2025 by Gerard Buckley

Getting your first home is an exciting milestone. But if you were a first-time home buyer during COVID, our guess is that there has been one thing on your mind ever since – renewals. As interest rates fluctuate, mortgage renewals can bring about uncertainty and concerns. 2023 brought record hikes, which makes it crucial for […]

Understanding Housing Affordability in 2024

Posted on January 23, 2024September 22, 2025 by Gerard Buckley

Housing affordability is a hot topic in 2024, and there’s a lot of talk about how interest rates affect it. Too many people are drinking the “lower interest rate Kool-Aid” as the route to housing affordability. While many people think lowering interest rates is the key, we at Buckley Mortgage Broker Team believe they won’t […]

Guest Post – 4 Considerations for any Home Reno Project

Posted on January 12, 2024September 22, 2025 by Gerard Buckley

By Guest Writer Janice Campbell of Spencer Safety Solutions Over the years of home ownership, I have done several home reno projects myself. Some things I learned by watching my dad or other family members and friends, while others I just figured out on my own. I have done a small roofing project, drywall, painting […]

First Home Savings Account – Should You Set One Up?

Posted on November 19, 2023September 22, 2025 by Gerard Buckley

All first-time homebuyers take note: we want to tell you about the First Home Savings Account (FHSA) again because it’s a great way to save money for your first home. But what exactly is it? The FHSA is a special savings account created by the government to help people who want to buy their first […]

Why are we in a housing crisis: Some fundamental reasons.

Posted on October 24, 2023September 22, 2025 by Gerard Buckley

It’s hard to accept, but Ontario is in the middle of a housing crisis. Why is this? Basically, supply is not keeping up with demand. Many pundits and media say this is a crisis of interest rates; however, we believe it is a much deeper failing of public policy at both the provincial and municipal […]