As 2022 comes to a close, many Canadians are wondering what outlook for managing personal finances, mortgages, and tax planning is in store for 2023.



According to sources from the Desjardins Financial Group, the following considerations should be top of mind for homeowners and home buyers when planning for 2023.


Learn to Navigate A turbulent Market

2023 is expected to be turbulent due to dragging inflation and the correlating negative impact to buying power, declining investment value from continued market volatility, and higher borrowing costs due to higher interest rates. 

To manage this, it is recommended to review and establish your budget before any big decisions such as taking out or renewing a mortgage. Factor in much higher borrowing costs and consult a financial advisor to determine the best options for your budget, such as whether to choose a fixed or variable rate and the term of your loan. 


See the below table to illustrate the impact of higher borrowing costs on a...

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The current direction of The Bank of Canada (BoC) to continually raise interest rates to curb record-high inflation has caused a lot of anxiety across Canada as to how to manage not just day-to-day expenses but the cost of home ownership.


Is there a silver lining within this “interest rate storm?”


Even though interest rates are high, this also means that property prices are and continue to be moving lower than peak levels from a year ago. This translates into a great opportunity for Canadians who were priced out during the peak period.

To take advantage of this, the following information for would-be-buyers is key to think about before buying:

1. Secure the rate insurance of a pre-approval. This can save a potential homeowner the heartache of not having one. Securing a mortgage that fits your budget is critical to saving interest costs over a mortgage life span.

2. Remember, choosing a lengthy fixed-rate mortgage to secure a consistent payment schedule over the long term is ultimately...
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The warm and sunny days of summer are slowly coming to an end. The change of seasons will soon be here and perhaps that has you thinking of changes as well. If you’re at all considering selling your Oakville home this fall but aren’t sure it’s the right time, think again. 


While the spring season tends to be known as an ideal time to list, there’s no doubt that fall is also a great time to get your home on the market. There are many key advantages to selling your home during the fall season and Sue Heddle Homes is the team you need to help you navigate the current market.

5 Reasons to List Your Home This Fall

Having the right real estate agent will make a significant difference when it comes to finding success. While the fall market can be a great time to sell, you still need to work with someone that has experience in your location and knows how to attracts buyers.


If you’re still not sure that the upcoming fall season can work...

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