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…

15% Foreign purchaser’s tax in the GTA that started as of April 21st This is a good start, but in my opinion won’t really do much to help the housing…

Have you explored all your options? Once you receive your mortgage renewal statement, there’s nothing easier than simply signing on for another term. While this may make sense in many…

10 reasons why Firm Real Estate offers are a terrible idea. Demand for Real estate hasn’t been this high since 1989 and now there is pressure on buyers to put…

In love with that shiny new marble countertop in your renovated kitchen? Be careful it doesn’t blind you into thinking it’s going to make you money. Contrary to what the…

As the saying goes, good things come in small packages. In fact, this may be the mantra for many homebuyers in 2017, given the steady rise in real estate prices.…