George Faclaris - Mortgage Broker

George Faclaris || April 13, 2023

Bank of Canada holds rates, but remains hawkish by saying rates could still rise

There were no surprises with this week’s rate hold by the Bank of Canada, with some observers saying the Bank is likely to leave interest rates unchanged "for some time yet.” As a result of...

George Faclaris || April 03, 2023

What you need to know about Canada’s new foreign buyer ban – Updated

The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability...

George Faclaris || March 28, 2023

What you need to know about Canada’s new Tax-Free First Home Savings Account

First-time buyers can be forgiven if they’re confused by the various programs available to help them with the purchase of their first home. There’s the Home Buyer’s Plan and the First-Time Home...

George Faclaris || March 27, 2023

Bank of Canada rate pause likely to continue as inflation falls to 5.2%

Inflation continued to trend downward in February, raising the odds that the Bank of Canada will once again leave interest rates untouched at its April meeting. The country’s Consumer Price Index...