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Oct 31, 20191 min read
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...
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Sep 30, 20191 min read
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,...
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Jul 31, 20191 min read
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...
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Jun 30, 20191 min read
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...
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May 30, 20191 min read
Longer Mortgage Terms?
In response to the BoC Governor Stephen Poloz's request for the big banks to present longer mortgage terms, HSBC has responded with a...
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Apr 29, 20191 min read
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: -...
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Mar 1, 20191 min read
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...
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Nov 29, 20181 min read
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...
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Jul 30, 20181 min read
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...
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