In 30 Seconds or Less, Quickly Figure Out How Much You Can Afford to Purchase
Here is a pretty neat way to find out how much you (or your client) will be able to qualify for, and how much you can afford to purchase. …
Rent or Buy: Either Way You’re Paying a Mortgage!
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with…
Mortgage Brokers vs. Banks: The Pros and Cons
If you’re looking for a mortgage on a home purchase — or to renew one on a home you already own — is a mortgage broker or a bank your…
Affordability: Then and Now
The BoC Still Thinks Canadian Real Estate Is More Affordable Today Than In 2008 July 27, 2018 Source: Better Dwelling Unaffordable real estate? The Government has no idea what you’re…
Mortgage application form with a calculator and house.
Canadians Feel Little Pain of Rate Hikes – So Far
Canadians Feel Little Pain of Rate Hikes - So Far Author: Andrea Hopkins OTTAWA, July 20 (Reuters) - Canadian consumers are feeling little pain from four rate hikes by the…
Credit market U-turn: As bond yields retreat, variable mortgages are looking all the more attractive
Just five weeks ago, economists were on TV heralding a July rate hike as interest rates rocketed to seven-year highs. Then the market changed the channel. On Friday morning, Canada’s…
Protecting Yourself from Identity Theft and Fraud
In November 2017, the credit bureau Equifax revealed that the files of 19,000 Canadian consumers had been compromised. These files contained clients’ personal information such as their names, addresses, social…
Benefits of Home Staging When Selling
According to The National Association of Realtors, a staged home will sell for 17% more on average than a non-staged home, and 95% of staged homes sell in 11 days…
3 Mortgage Rule Changes
The Office of the Superintendent of Financial Institutions (OSFI) have implemented 3 new mortgage rule changes that are effective this year. Here are the following changes: 1) Qualifying rate stress test to…
Why the Orangeville Market is Going to Increase in Value?
Toronto real estate listings were up 172% in December, as inventory continues to grow and sales continue to drop according to the Toronto Real Estate Board. Toronto’s housing market has…