Mortgage payments up 45%! Interest rate surge is going to hurt! Anxiety and confusion increasing! One look at the top financial headlines and it’s no wonder you’re worried about your mortgage payments. Perhaps you’re fixed in and your term is about to come up for renewal. Or, maybe, you’re in a variable mortgage and the […]
Continue ReadingWorst Decline for Housing Affordability in a Generation
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, […]
Continue ReadingBuckley Mortgage Broker – A Well Defined Service Standard and Values we Stand For!
Setting the Standards of Mortgage Service for Owen Sound and Beyond We’ve made it to the finals! Help us win in our Owen Sound Best of the Best Awards category by clicking here. Gerard Buckley is no stranger to the world of finance. His entire career has been spent in the Investment Banking and Real […]
Continue ReadingChanges for First-Time Home Buyers — What You Need to Know
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 […]
Continue ReadingCanada’s Housing Stress Test is Proposed to Change on June 1, 2021
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 […]
Continue ReadingMillennial’s Guide to Homeownership:
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 […]
Continue ReadingLessons from the Pandemic — Canada’s Future After COVID
Now that we know our weak points, growth in this country will likely be focused on key areas: It’s been an entire year since the first reports of a rapidly spreading respiratory virus graced headlines all over North America. Since then, we’ve experienced loss, uncertainty, political friction and the list goes on. But through the […]
Continue ReadingMeeting the Needs of Condo Corporations, Boards, Property Managers and Owners
Financial Solutions that Bridge the Gap Between Condo Owners, Property Managers and Condo Boards Condo life definitely has its perks. Whether you’re looking for an affordable first property or you and your spouse are downsizing for retirement, a condo can provide the perfect lifestyle choice for your housing needs. In a similar fashion, condos make […]
Continue ReadingCreating Wealth in Real Estate and Investing for the Future
We have been experiencing low interest rates now for several years and it can be difficult to find safe and strong investments to place your money. One opportunity is real estate investment, which is within the reach of average Canadians. The current interest rate environment and increasing real estate prices present exciting opportunities for investment […]
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