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Hey there … you. It’s been a little while.

Sorry that we at TOM + ANAIS haven’t written. But … you know … we just got a little busy.

Federal elections. Geopolitical torment. Cherry blossoms that seem to get everywhere. Allergies.

Tariffs. Constantly changing their mind. Silly POTUS and your late-night duty calls. A simple “U Up?” text would suffice.

Anais selecting her spring wardrobe (“anything not black is the new black!”). Tom selecting his spring wardrobe (“do you have that black T-shirt in more black?”)

The Diddy trial. Thankfully, our well-oiled (ha!) PR team kept our names out of that one. Oh yeah, and some mortgage and real estate stuff.

On June 4th, the Bank of Canada held the prime rate at 4.95% - the second rate announcement keeping the rate steady after seven straight rate cuts. They continue to cite the uncertainty with ongoing trade issues and lower-than-expected inflation rates. Hmm, not sure we agree with this decision, but sadly we don’t have the rate cut button. While there is speculation that there could still be rate cuts later this year, in the near-term it appears that a “wait and see” approach is the order of the day as they wait to see how our economy responds over time. This volatility continues to put pressure on lenders to hold the line on rates, like how Anais has asked Tom to hold the line on wearing cargo shorts until actual summer.

As well, last week the Government of Canada (finally) announced a full GST rebate for first-time homebuyers of new homes and co-ops by offering a full rebate on new homes under $1 million, and a partial rebate on homes between $1 and $1.5 million. #aboutfreakingtime

Both parties committed to this during the election. Sure to spur some activity, but with some catches. Only homes purchased after May 27 are eligible for this plum, and as a rebate you have to put out first then get the benefit back later. It’s like you are dating the government, but they are old and rich.

So, there’s a lot going on. Barely time to write a newsletter, let alone continue to provide stellar mortgage advice to clients from all walks of life.

But here’s the important part. Even though we haven’t written in a while, we are still really into you.

Reach out, tell us how you are doing. We are still here and miss you terribly (I mean … it’s not like you wrote either).

In case there was any doubt, remember that TOM + ANAIS are always here to help you understand where you are at and help you make your next decision.