Daily Archives: January 18, 2017

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5 Tips for Buying a Foreclosed Home

Blog, UncategorizedBy Tom Sapinski January 18, 2017 Leave a comment

For those looking for a deal, distressed and foreclosed properties (called “power of sale” in Ontario) can offer a great opportunity. Lenders are looking to unload the property and will often offer a discount to do so quickly. But the process of buying a foreclosed home can differ a little from traditional home sales. Here are some things…

Ottawa Interests Rates Unchanged – Bank of Canada

Blog, UncategorizedBy Tom Sapinski January 18, 2017 Leave a comment

The Bank of Canada announced today that it is holding the benchmark interest rate unchanged at 0.5% with an optimistic outlook, noting that “federal and provincial measures are still expected to support growth in 2017” and predicting “a return to full capacity around mid-2018” as earlier projected in October. The Bank factored in Trump’s tax…

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