FHSA, Variable Rate Mortgages & More!

Your weekly update on what is going on in the real estate market. From localized announcements to international trends, stay in the know about what is going on all things real estate. 

Variable-rate mortgages rising again as Canadians bet interest rates have peaked

Variable-rate mortgages appear to be gaining favour as more Canadians bet that interest rates have peaked, say industry sources. According to RATESDOTCA data, the percentage of variable-rate quotes rose to 13 per cent in July, a three per cent increase from the month before.

Average rents in Canada reach record high in July

Canada’s real estate market has witnessed an exceptional ascent in average asking rent, soaring to $2,078 in July. 

The rise, detailed in the latest National Rent Report by Rentals.ca and Urbanation, sheds light on many factors driving the increase.

How to design a functional kitchen

Hands down, the most important room in the home is the kitchen. It’s called the heart of the home for a reason, namely that this hub is where homeowners spend most of their time. Also, its central location sets the style tone for the entire home. 

Immerse yourself in the pulsating rhythms of reggae, soca, calypso, and other genres as talented musicians take the stage.

Indulge in the flavoursome Caribbean cuisine, tantalizing your taste buds with mouthwatering jerk chicken, delicious plantains, and refreshing tropical drinks.

August is here! The folks at PEC Jazz Festival we have been busy getting ready for the new season. They're preparing some exciting performances check out the site below for the performers over August 15-20.