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New Comers to Canada are accounting for 21% of Purchases Canada Wide
New comers to Canada are accounting for 21% of purchases Canada wide. To be clear, newcomers refers to anyone who was new to Canada in...
Oct 31, 20191 min read
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Half of Canada's Major Housing Markets are Marketed as "Unaffordable"
Half of Canada's major housing markets are marketed as "unaffordable". Within seven key markets; Greater Vancouver, Toronto,...
Sep 30, 20191 min read
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Increases in July Housing Prices
In July, Ontario saw an increase in housing pricing by approximately 4.2%. Vancouver on the other hand, saw pricing fall by 23% and...
Aug 31, 20191 min read
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The Bank of Canada decides to put Interest Rates on hold at 1.75%.
The BoC has decided to put interest rates on hold at 1.75%. Although it was expected by many economists that the rate would be held, the...
Jul 31, 20191 min read
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Cost of Living on the Rise in Toronto
It is no shock that the cost of living is on the rise in Toronto. Since 2012, inflation is at its highest. All the more reason the Bank...
Jun 30, 20191 min read
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Mortgage Renewals
Is your mortgage coming up for renewal? Are you wondering what impact the Stress Test will have on you? Here is what you need to know: -...
Apr 29, 20191 min read
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HELOC's Increasingly popular loan solution
HELOC's have been an increasingly popular loan solution for homeowners in recent years. About 49% of HELOC users have a borrowing limit...
Mar 1, 20191 min read
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Mattamy Homes on Toronto Housing Market
Mattamy homes has remained positive around the GTA housing market as they have sold all 180 lots of their Milton development in only two...
Jan 29, 20191 min read
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HELOC's Just Got a Lot More Complicated
HELOC's just got a lot more complicated... In November 2018, Toronto Dominion Bank (TD Bank) changed an important policy surrounding the...
Nov 29, 20181 min read
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Another Interest Rate Hike?
The Bank of Canada is back at it again with the interest rate increases. The rate is set to 1.75% as a result of the resilience of the...
Oct 29, 20181 min read
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New NAFTA Agreement called USMCA
President Trump comments on the new NAFTA agreement - "It is a great deal for all three countries, solves the many deficiencies and...
Sep 30, 20181 min read
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Will Interest Rates Rise this Week?
With the recent economic patterns, will we see an interest rate increase this month? According to a CIBC economist, it does not look like...
Aug 31, 20181 min read
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CMHC Announcement regarding Self-Employed Borrowers
As of October 1st, Mortgages will have more flexibility when it comes to Self- employed borrower qualifying. There will be a broader...
Jul 30, 20181 min read
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