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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…

If you had signed a purchase agreement on a new home before January 1st, lenders will not have to apply the stress test even if you apply for a mortgage…

Create a Monthly Budget. It’s easy to lose track of your spending but seeing all your spending on paper will set you up for future money saving success. Visit your…

Ever wonder what the benefits of using a mortgage broker are instead of getting a mortgage at your local bank?  The advantages of using a mortgage broker are more simplistic…

The Office of the Superintendent of Financial Institutions (OSFI) introduced new rules on mortgage lending to take effect January of 2018. OSFI is setting a new minimum qualifying rate, or…

Not very many people understand the difference between a conventional mortgage and a collateral mortgage. Many banks are now asking borrowers to sign collateral mortgages — and it could result…

The ratio of Toronto sales to new listings have fallen to 41% in May. That’s the lowest it’s been since 2008 and is near the bottom of the range for…

The local Real Estate market is showing definite signs of cooling but this may only be a temporary blip. Listing in May increased by 43% while sales were down by…

And how to improve it Despite holding multiple credit products (like credit cards or lines of credit) many Canadians don’t understand how debt and their behaviour around it affects their…