Jo-Anne Pietrantonio, Mortgage Agent

Be safe. Be well. Be happy!

In order to get the maximum back from you tax return, you need to know about tax deductions and tax credits, and how to take advantage of the tax benefits available. Read here -https://youngandthrifty.ca/how-to-get-more-money-back-from/

There has been a flurry of refinance activity over the last year given our rock bottom interest rates, providing homeowners with access to today’s low rates and the most cost-effective way to get needed funds. Refinancing means getting out of your current mortgage and replacing it with a new one. A minimum of 20% home equity is required to complete a refinance. Since breaking your current mortgage comes with a fee, I can complete a personalized cost/benefit analysis so you ...can determine whether refinancing makes sense. With fixed rates edging up, there may not be any benefit to waiting to see if you can get a better deal later.

So many reasons to work with Mortgage Broker over your Bank! Asking a bank which mortgage you should get is like going to a Ford dealership and asking which car you should buy. That's why choice is so important. Choice ensures you get the best rate and mortgage for your situation. And, if the bank is the best option for you, we can work with them too! Professional advice is also key in today's changing marketplace, as is convenience and getting out of the box solutions.... I’m here to answer any questions, anytime!

The Bank of Canada announced today that it is maintaining the benchmark rate, noting that Canada’s economic recovery will continue to require extraordinary monetary policy support. The Bank says it will hold the policy interest rate at the effective lower bound until economic slack is absorbed so that the two per cent inflation target is achieved, which the Bank doesn’t expect to happen until sometime in 2023. The next rate-setting day is January 20th, 2021. The beginning of... the new year will be a great time to get in touch for a review of your mortgage strategy. It's important to get advice and a personal assessment of your situation if you want to switch your mortgage for a lower rate, need a new mortgage, are renewing, looking to refinance for debt consolidation, renovations or other large expenditures. Call me anytime! Stay safe and healthy folks!

Thank you Chris & Les Sohar for your thoughtful gift and amazing support! It’s always a pleasure work with such awesome realtors and friends! It’s been a challenging year, for sure, but chocolate helps fix everything in my books! You know me so well!

Hope you are hanging in there! 2020 has certainly provided a lot of challenges! The Canada Recovery Benefit (CRB) is available for those who are directly affected by COVID-19 and not entitled to Employment Insurance (EI) benefits. You can receive $1,000 ($900 after taxes withheld) for a 2-week period. More information here - https://bit.ly/3fvCbMQ

Great cause! Things have changed this year but the needs of the shelters Angels in the Night support are greater than ever! Please help out and buy a ticket! Stay safe folks!