Economy & Unemployment Rates/ March 21, 2019

By: Jessie Banwait

Economy & Unemployment Rates/ March 21, 2019

Tags: Unemployment, Economy, Market

Unemployment is an important indicator of economy health in every country. The economy usually improves before the unemployment rate starts to rise again. However, it causes a sort of wavy effect across the economy. With one person losing his job, there is one less person that will pay state and federal income taxes, one less person that will pay additional sales tax revenue and will spend much l...Read More

Divorce Rates/
March 18, 2019

By: Jessie Banwait

Divorce Rates/
March 18, 2019

Tags: Divorce, Canada, Rates, Economy

Within Canada, the Yukon has the highest divorce rate at 59.7 per cent, and Newfoundland and Labrador enjoy the lowest at 25 per cent. In Ontario 42.1 per cent of marriages will end before they reach their 30th anniversary according to Stats Canada.  General Divorce Statistics Here are some other general statistics regarding the divorce rate in Canada based on historical and social trends: ...Read More

International Students/
March 2, 2019

By: Jessie Banwait

International Students/
March 2, 2019

Tags: International Students, Migration, Canada, Market

  Canada is one of the countries around the world that has been hosting significant amounts of international students for the past years. Important data was gathered to find out that the total of international students is larger than its total higher education populations.Many factors are involved in the increased arrival of international students every year, one of them is due to the fact o...Read More

Immigration/
February 22, 2019

By: Jessie & Kinder Banwait

Immigration/
February 22, 2019

Tags: Immigration, Market, Statistic

This country was built on immigration, and our population continues to increase because of our immigration policies. What are the pros and cons of these polices?. As we are all aware, Canada is a multicultural country that has been receiving Millions of immigrants for the past years. It is reasonable to think that Canada’s economy can be affected by this process, but the Government has alway...Read More

Capital Inflow/
February 19, 2019

By: Jessie & Kinder Banwait

Capital Inflow/
February 19, 2019

Tags: Capital Inflow, Predictions, Market, House, Prices

  So how does the amount of money (capital) coming into our country affects the economy and more particularly the real estate market. Well, according to Erik Hertzberg, increased foreign direct investment into Canada was led by the finance and insurance industries in the last year where capital increased by 8 per cent. This includes Retail sales, management and real estate who recorded the m...Read More

2019 Market Predictions/
February 15, 2019

By: Jessie & Kinder Banwait

2019 Market Predictions/
February 15, 2019

Tags: Factors, Predictions, Housing, Prices

An exciting topic, one that I’m always open to talk about. Predictions try to “declare or indicate in advance on the basis of observation, experience or scientific reason” but some predictions tend to be subjective, so I will try to make this as objective and unbiased as possible. Last year, I predicted a slow start due to the B-20 stress imposed by the government followed by a r...Read More

WHY SIGNING BACK YOUR MORTGAGE RENEWAL IS NOT IN YOUR BEST INTEREST/ NOVEMBER 25, 2015

By: Jessie Banwait

WHY SIGNING BACK YOUR MORTGAGE RENEWAL IS NOT IN YOUR BEST INTEREST/ NOVEMBER 25, 2015

Tags: Mortgage, Renewal

When it comes time for their mortgage renewal, most Canadians simply sign back the notice to renew their mortgage without investigating all their options. Studies show that approximately 94 per cent of Canadians sign back their notice of renewal on their existing mortgage and end up with a posted rate of interest instead of the bank’s best discounted offers. However, talking to a mortgage ...Read More

IS MORTGAGE INSURANCE A SCAM?/ MARCH 18, 2015

By: Jessie Banwait

IS MORTGAGE INSURANCE A SCAM?/ MARCH 18, 2015

Tags: Mortgage, Insurance, Policy

I've been reading a few articles lately on the prevalence of people getting "cheated" out of hundreds of thousands of dollars because of hasty approvals on their mortgage life insurance. Here are pointers on how to be smart about your life insurance: Don't hastily fill out pre-approval health applications. It may lead to a rejected life insurance claim&n...Read More

By: Jessie Banwait

GUEST BLOG: 3 REASONS TO REFINANCE YOUR HOME / FEBRUARY 19, 2015

Tags: Refinancing, Saving Money, Mortgage

We are pleased to have Susan Pacheco, our mortgage specialist do a blog post about mortgage refinancing. She is a talented and hardworking addition to our team and can take care of all your mortgage needs. For more information please email her at: susanpacheco@dominionlending.com  or check out her website: www.susanpmortgages.com Homeowners today face many reasons to refinance their mortga...Read More

By: Jessie Banwait

DON’T BE FOOLED BY BILLBOARDS / JULY 24, 2014

Tags: Real Estate Agent, Teams

Recently, I had to get in touch with my lawyer about something business-related. I couldn't reach him, and finally, two days after my first call, someone from his office finally got back to me. Did you notice that I didn't say that he called me back? It was one of the two new assistants he had recently hired, as he had expanded his firm over the last few months and was pretty busy. Whil...Read More