Category: Mortgage

18 Apr
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How To Successfully Upgrade Your Property

Living in a small space, whether an apartment or starter house, forces you into being efficient. When you move into bigger digs, it might be tempting to throw old habits to the wind and indulge all your square-footage related fantasies. But before you surrender yourself to the euphoria of owning a bigger home, read these […]

10 Apr
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House or Condo: Which is a Better Investment?

Purchasing either a house or a condominium is a big investment. Despite the Greater Toronto Area’s (GTA) recent run of high housing prices, a house is the safer investment than a condo with respect to resale and property value. Here are a few reasons why buyers should prioritize making an offer on a house over […]

04 Apr
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Facts About Property Tax

While being a homeowner will bring you many joys, it will also come with some costs, including an annual property tax bill from the Government. Here are a few quick facts about paying property tax in the Greater Toronto Area. Property Tax – What it is and How it is Calculated Property tax is a […]

29 Mar
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Is it a Good Time to Buy?

People who have been saving and looking to buy a property in the Greater Toronto Area (GTA) must weigh the pros and cons of when to start the process. Buying property in the GTA has historically been a healthy investment. In 2019, it means figuring out if the time is right based on the market […]

07 Mar
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The Technological Disruption to Real Estate

From listing apps to contract platforms, technology has changed the face of real estate and will continue to evolve every aspect of how people buy and sell properties. Technology streamlines a complicated process and every real estate agent and lender should be taking advantage. Let’s review some of the most exciting web and mobile applications […]

28 Feb
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Toronto’s Impending Rental Hike

Toronto is a metropolis but living in the GTA can be challenging. Because of the mortgage stress test that was implemented several years ago and the overall cost of property, many have been unable to enter the housing market. This has led to a hyper-competitive rental market with no end in sight. As if rental […]

21 Feb
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Looking Back at the Mortgage Stress Test

The mortgage stress test hasn’t been in effect for very long but enough time has passed for us to examine its early impact. Enacted as of January 2018, Canadians applying for a new mortgage or refinancing an existing one had to prove their financial situations could withstand an interest rate hike. This Government initiative was […]