Client Education Archives - Page 5 of 9

Worst Decline for Housing Affordability in a Generation

Posted on August 17, 2022September 22, 2025 by Abigail Clark

Housing Affordability is Not in a Great Place We hate to be the bearers of bad news, but housing affordability in Canada worsened by 10.4 points in Q2’22, marking a fifth consecutive quarterly deterioration. The second quarter of 2022 was also the worst quarterly deterioration in over 41 years! For the first time since 1994, […]

Are you overpaying on your business expenses?

Posted on July 21, 2022September 22, 2025 by Gerard Buckley

Guest Feature by: Miguel Cardenas When it comes to the operating expenses that are crucial to the daily running of your business, many business owners don’t realize they’re overpaying. They feel stuck with the prices quoted by vendors, and don’t want to risk disrupting services to make a change. If this sounds like you, don’t […]

First Time Home Buying for Millennials and GenZ

Posted on July 21, 2022September 22, 2025 by Gerard Buckley

Guest Blog Post By: Brandon Lacaille In today’s competitive seller market with house prices steadily rising, the goal of homeownership can feel daunting at times. The good news is that this goal is not as far-fetched as the younger masses may believe — and there are ways to prepare yourself successfully! Find an Honest […]

8 Simple Steps to Take Control of Debt

Posted on June 17, 2022September 22, 2025 by Gerard Buckley

Is post-pandemic debt weighing you down? For many people, debt is an unavoidable fact of life. But the past two years of global turmoil has added financial pressure on many Canadians. According to a COVID-19 financial well-being survey conducted by the Financial Consumer Agency of Canada, over half of Canadians have been financially impacted […]

The Housing Market is a Changing — Mortgage Trends for 2022 Part 2

Posted on June 7, 2022September 22, 2025 by Gerard Buckley

So, Where do we stand now? A lot can happen in a month! Since our last update, we’ve seen major shifts take place in the housing market – as tides have turned things from a seller’s market into a stable market. Some would even say the buyer is gaining some presence in the real estate […]

GUEST FEATURE: Good Debt vs Bad Debt and How You Can Learn the Difference

Posted on August 30, 2021September 22, 2025 by Gerard Buckley

Mortgage Agent Oakley Patterson Talks Debt — and Why it isn’t Always a Bad Thing Learning the difference between good debt and bad debt allows you to learn how to leverage money and minimize your expenses. Real estate is the best way to accomplish this and that is why it has been Oakley’s focus for […]

Canada Brings in Changes to the Mortgage Stress Test June 1st

Posted on June 1, 2021September 22, 2025 by Gerard Buckley

More change is coming for Canadians looking to get home financing. Proposed updates to the current mortgage stress test for applicants to get approval are kicking in June 1st. These changes are intended to defuse some of the unsustainable growth we’ve seen in the housing market over the past 18 months. Changes for […]

Changes for First-Time Home Buyers — What You Need to Know

Posted on May 14, 2021September 22, 2025 by Gerard Buckley

Did you know the Canadian government made changes to the First-Time Home Buyers Incentive (FTHBI) last week? Discover how the changes made on May 3rd, 2021, will ease the pressure on Canadians looking to enter the housing market in three key metropolitan areas below. What has Changed? The Department of Finance along with CMHC (Canada […]

Canada’s Housing Stress Test is Proposed to Change on June 1, 2021

Posted on April 14, 2021September 22, 2025 by Gerard Buckley

What that could mean for you: You may have heard recently that the OSFI (Office of The Superintendent of Financial Institutions, Canada’s Federal Financial Industry Regulator) is proposing a change to the stress test rate that will affect who can qualify for an uninsured mortgage. OSFI’s stated mission is contributing to the safety and soundness […]

Millennial’s Guide to Homeownership:

Posted on April 1, 2021September 22, 2025 by Gerard Buckley

Discover the best ways to prepare for your next Home Move. Is it time for you to make your move? Young people in the Millennial age category throughout Georgian Bay are being asked this question as the prices of local real estate skyrocket due to a shortage of listings and many people migrating north to […]