by Tribe Financial | Jun 19, 2020 | Blog, Economy, Homeownership, Mortgage
Before you head out home shopping, it’s important to first determine how much you can comfortably afford to spend. Not only will getting your mortgage agent to arrange a pre-approval help you understand what lenders look for when granting you a home loan, but it will...
by Tribe Financial | Jun 12, 2020 | Blog, Economy, Homeownership, Mortgage
While interest rates shouldn’t be your sole focus when securing a mortgage, they do represent an important part of the financing equation. Since the COVID-19 pandemic began, the Bank of Canada (BoC) has announced several unscheduled benchmark rate reductions....
by Tribe Financial | Jun 5, 2020 | Announcements, CMHC, Economy, Homeownership, Mortgage
The COVID-19 pandemic is having an impact on all sectors of Canada’s economy, including housing. Job losses, business closures and a drop in immigration are adversely affecting Canada’s housing markets, and CMHC foresees a 9% to 18% decrease in house prices over the...
by Tribe Financial | May 1, 2020 | Blog, Economy, Homeownership
As the COVID-19 pandemic continues to keep us focused on physical distancing, it’s often difficult to perceive anything good from its existence. But, a few silver linings have emerged. As our world is changing, possibly forever, people are finding new and creative...
by Tribe Financial | Apr 24, 2020 | Blog, Economy
The world as we know it has drastically changed. Most of us are staying home – not by choice, but through necessity. The financial and emotional strain associated with COVID-19 is very real – coping with the unnerving situation, trying to stay positive and finding...
by Tribe Financial | Apr 17, 2020 | Blog, Economy, Homeownership
In addition to coping with the very real and serious threat to our health and wellbeing thanks to COVID-19, we’re now also facing the added stress of protecting ourselves against fraudulent schemes related to the pandemic. Deceptive practices tend to transpire...
