Recent statistics are pointing to the fact self-employment is bouncing back from pandemic level lows. Statistics Canada reports this segment of the workforce rose by 50,000 in August of 2023. That's the first big increase in the last nine months. Learn more
In the second quarter of 2023, credit card balances for Canadians hit a record high of $107.4 billion. The report from Equifax also highlighted the average non-mortgage debt for credit active consumers edged up to $21,131. Learn mor
Inflation, the rate at which the general level of prices for goods and services rises, significantly impacts various sectors of the economy. One such sector profoundly influenced by inflation is the private mortgage lending market. Learn more
Understanding how bad credit impacts your ability to secure a mortgage is vital. After all, obtaining a mortgage may be among your life's largest financial choices. Lenders are more hesitant to approve your loan application when you have a low credit score since it makes you a riskier borrower. Learn more
When it comes to property buying and selling, you can’t underestimate the significance of the experience that comes with having a real estate agent. Learn more
Combining multiple debts into one single larger loan might get you better terms like lower interest rates and lower monthly payments. Learn more
If you're seeking real estate and mortgage expertise in Ontario, Jonathan Alphonso is highly recommended. Learn more
There's been an increase in private mortgages both across the country and at home here in Ontario. One of the big reasons is that Canadians are facing obstacles from traditional lending institutions. Learn more
Finding the right mortgage product comes down to two different choices. Traditional institutions like banks and credit unions have strict lending requirements that include adherence to credit scores. Learn more
Ontario's real estate market is active and dynamic. Finding your way through the complicated market can be stressful, whether you are looking to sell property or a home buyer. Learn more
