Will Your Payment Increase By 45%?

General John McLean 21 Jun

We’ve all seen the news headlines – “Mortgage payments could increase by 45%” It’s no secret the Bank of Canada is looking to tackle inflation by increasing rates. Should we buy now with rates increasing? Will they actually increase by 45%? Whats that look like? The short answer is yes, rates could increase by 45%. […]

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February 2022 Real Estate Market Report

General John McLean 14 Feb

A breakdown of the Ottawa Real Estate Market by Spencer Smithers Real Estate – Coldwell Bankers Rhodes & Company The time to sell is now!!! The January’s sales, almost identical to 2021’s, were very strong for a traditionally slower month, especially given the frigid temperatures and increased government Covid-19 restrictions we experienced. The average sale […]

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