Leanne Myles-Mortgage Broker
30 Katie Court B0N 2T0 Windsor, NS, Canada

Mortgage rates are always changing and always a topic for discussion. Right now they’ve been low, creating an buying opportunity for many homebuyers. If you’re interested the article blow discusses what policymakers and regulators can do and if they should do anything at all. #mortgage Housing prices have been surging in recent months, driven up by a combination of those record low rates, increased household savings and a desire for more space. And while that may be good for... owners, it makes for a growing challenge for buyers, who are taking on larger debt burdens that could be harder to handle if rates rise again. The situation has led to talk about regulators or policymakers potentially intervening in the housing market, something the Office of the Superintendent of Financial Institutions is now saying it will do. https://financialpost.com//low-rates-leave-policymakers-wi

The average price for a home is up more than 26% this year than it was last year. As we've talked about before, inflation is up and the economy is strong, and the housing market is likely driving that. The Nova Scotia Association of Realtors compiled data that shows 1,577 units were sold across the province last month, a new sales record for the month of March and an increase of more than 65 per cent from March 2020. https://www.cbc.ca//real-estate-boom-evictions-tenants-lan

Update on the Bank of Canada announcement: they are maintaining the overnight rate. https://www.bankofcanada.ca//04/fad-press-release-2021-04/

Inflation rates for Canada’s major cities are out. Halifax is at 2.6%, up from last month, which was 1.4%. https://www.thestar.com//heres-a-list-of-march-inflation-r

From a new roof to a new floor, spring renovations are upon us! Over at Clinton Wilkins Mortgage Team, we've put together a list of some of the more common renovations we see and what they can mean for the market value of your home. https://bddy.me/3xgXRoG

We look after our customers, ensuring that they enjoy the full benefits of their mortgage plan. Call Leanne Myles-Mortgage Broker at (902) 798-9779 for your real estate needs! #realestate #realestatemarket #realestateHalifax

COVID-19 Update: Nova Scotia restricting travel in and out of the province for four weeks, but may extend past May 20, if necessary. To our clients outside of N.S., P.E.I, and N.L. who are buying a home here after April 21st, you will have to wait to move to your new property for four weeks, or until the travel restrictions have lifted. If your purchase has already been made, you can come in with the proof of a permanent address. https://atlantic.ctvnews.ca/nova-scotia-to-close-borders-to

A little commercial market update from the Bank of Canada. The BoC composite gauge of sentiment grew from 1.3 in Q4 2020 to 2.9 in the first quarter, reaching its highest reading since 2018. Attesting to the robust pace of recovery, this was a far cry from the multi-year-low of -6.9 seen during the first few months of the pandemic. https://www.mortgagebrokernews.ca//bank-of-canada-on-the-c

Here are some housing quick hits from the Federal #Budget2021 that came out yesterday. . The budget proposes to: help build, repair, and support 35,000 affordable housing units for vulnerable Canadians through an investment of $2.5 billion and a reallocation of $1.3 billion in existing funding.... implement a national, annual 1% tax on the value of non-resident, non-Canadian owned residential real estate that is considered to be vacant or underused, effective January 1, 2022. increases to the CMHC First-Time Home Buyer Incentive for buyers in Toronto, Vancouver and Victoria. . The 2021 budget also proposes to provide an additional $2.5 billion over seven years to Canada Mortgage and Housing Corporation, including: an additional $1.5 billion for the Rapid Housing Initiative $600 million over seven years to renew and expand the Affordable Housing Innovation Fund $315.4 million over seven years through the Canada Housing Benefit $118.2 million over seven years through the Federal Community Housing Initiative. . The government also recognizes that access to safe and sustainable housing can be particularly challenging in the North and proposes to: provide $25 million to the Government of the Northwest Territories to address housing priorities. Funding will support the construction of 30 new public housing units across the Territory. provide $25 million to the Government of Nunavut to support the Territory's short-term housing and infrastructure needs including priority redevelopment and refurbishment projects resulting in approximately 100 new housing units. https://www.canada.ca//ne/2021/04/budget-2021-housing.html

Are you a DIYer? Ever thought about DIYing a whole house? We put together this blog post full of the pros and cons about buying a fixer-upper property to help you discover if this is something that’s right for you! #diy Have you done some DIY work on a home before? What advice do you have for all those who are thinking about starting a home project? https://bddy.me/3n4lH1Z

Is 2021 your year for homeownership? We can help! https://bddy.me/3bylEYv #mortgage #mortgagebroker #halifax #advice

Let us help you finally have your own home despite having a tight budget! Call Leanne Myles-Mortgage Broker at (902) 798-9779 for our mortgage services! #realestate #realestatemarket #realestateHalifax

No wonder we're seeing so many people wanting to live here! #canada https://www.blogto.com//canada-ranked-best-country-world-/

How does your debt situation look? Is 2021 the year you look at a refinance? You can finance up to 80% of the current value of your home. https://bddy.me/35uiVeK #mortgage #mortgagebroker #halifax #advice

Lots of development happing here in downtown Halifax, including this luxury hotel, which should be done this fall. #halifax Scott Armour McCrea is president and CEO of The Armour Group, which is developing The Muir. He says it was important for him to make this luxury hotel uniquely Nova Scotian a building that wouldn’t work in any other city. McCrea believes a hotel should be 'born of this place' to make it different from a usual design. https://huddle.today/halifaxs-new-five-star-hotel-will-hav/

Don’t forget to join @toddveinotte and Clinton this weekend for Mortgage 101 on @News957. This week Todd and Clinton discuss consolidating debt into your mortgage and refinancing your home. Make sure to tune into at 11 o’clock on Sat and Sun. #podcast #radio #mortgage #mortgagebroker #halifax #advice

Bank of Canada announces no change to the key rate! #mortgage #mortgagebroker #halifax #advice #inthenews

It's a lifelong dream for anyone to have their own home, let us make it happen for you! Call Leanne Myles-Mortgage Broker at (902) 798-9779 for our mortgage services! #realestate #realestatemarket #realestateHalifax

Credit is so important! https://bddy.me/3fcxbMZ #mortgage #mortgagebroker #halifax #advice #credit #novemeber #financialliteracy

Debt is something to think about this Holiday Season! https://bddy.me/37Ka9tt #mortgage #mortgagebroker #halifax #advice

The weekend is a great time to think about investing. https://bddy.me/2JUFJwA #mortgage #mortgagebroker #halifax #advice

It's your lifelong dream to have a place of your home, let's make your journey to sealing the deal more convenient and worthwhile. If you need help in choosing a home, call Leanne Myles-Mortgage Broker at (902) 798-9779. #realestate #realestatemarket #realestateHalifax

We make sure that you are 100% satisfied with our terms and conditions before we proceed with your mortgage plan. Call Leanne Myles-Mortgage Broker at (902) 798-9779! #realestate #realestatemarket #realestateHalifax

No better time to talk about assets! https://www.thechronicleherald.ca//financial-literacy-101/? #mortgage #mortgagebroker #halifax #advice #november #financialliteracy

Luckily you have us to worry about how interest is calculated but for those of you who want to know a bit more.... https://bddy.me/3omhjLs #mortgage #mortgagebroker #halifax #advice

November is a great time to think about your budget! https://bddy.me/3lFNh4i #mortgage #mortgagebroker #halifax #advice #budget #november #financialliteracy

It is never too late to think about your financial health! https://bddy.me/36EnMdf #mortgage #mortgagebroker #halifax #advice #november #financialliteracy