Tag: mortgages

25 Apr
safewise-home-renovations

Tips To Safeguard Your Property

Securing your home and property from break-ins is vital to protecting both your family and your investment while feeling safe every day. Luckily, there are proven ways to ensure your property is protected that won’t cost a bundle. Common Sense Using common sense will go a long way towards keeping your property safe from thieves. […]

10 Apr
total-cost-of-ownership-mac-versus-pc-in-the-enterprise_750_422_75_s_1488381809

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 […]

21 Feb
mortgage stress test

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 […]

24 Jan
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Should Millennials Look to Buy in 2019?

Over the last number of years, Toronto has become one of the fastest growing cities with respect to real estate prices. This has hurt millennials who feel shut out from the dream of homeownership. Affordability is a significant and widespread issue and one that has also extended to the rental market. The rental market has […]

10 Jan
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An Update on Quayside

The proposed development known as Quayside—located near the Queen’s Quay in eastern downtown Toronto—will likely feature 12 buildings made up of residential, retail and commercial units. Part of the Google family, Sidewalk Labs is behind the future community that intends to revolutionize urban living through intelligent technology. Certainly, this new development will put pressure on […]

03 Jan
kelowna-mortgage-renewals-couple-meeting-with-mortgage-broker

Is your Mortgage up for Renewal in 2019?

Making your monthly mortgage payments can be stressful enough, but when it comes time to renew your mortgage, choosing between all the different options may just put you over the edge. But since home ownership comes with its own set of complications and responsibilities, here are some factors to consider when you renew your mortgage […]

Toronto’s East and West End Neighbourhoods

Albeit increasingly expensive, Toronto is arguably a great place to live for many reasons. Its multiculturalism is a significant contributor to making the city a consistent tourist attraction, in addition to drawing an influx of new residents all the time. Even beyond the GTA borders, many people consider themselves to be Torontonian, and for good […]

Update on Mortgages for the Self-employed

Recently, we wrote a post about how self-employed individuals can be approved for a mortgage. Self-employed mortgage applicants face additional challenges because they pose greater risks to lenders because their income can be unpredictable. Last July, self-employed people looking to enter the housing market received some good news. The Canadian Mortgage and Housing Corporation (CMHC) […]