George Faclaris - Mortgage Broker

George Faclaris || July 24, 2023

Canadians are boosting savings amid economic concerns

Canadians aren’t taking any chances when it comes to their financial future as they prepare for the possibility of a forthcoming recession. According to data from TransUnion Canada, over a third...

George Faclaris || June 22, 2023

Economic brief: OSFI increases capital buffer requirement for Canadian banks

Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced an increase in the capital buffer requirement for the country's largest...

George Faclaris || June 16, 2023

Mortgage interest now one of the biggest drivers of inflation

In a twist of irony, the Bank of Canada’s interest rate hikes—meant to slow the economy and bring down inflation—are now one of the leading upward contributors to inflation. Mortgage interest...

George Faclaris || June 13, 2023

Use these saving tips to become mortgage free!

Good news! It only takes small changes for you to become mortgage free and save thousands of dollars in interest. In December, Mortgage Professionals Canada released its annual state of the housing...