With a commitment to a two-year ban on foreign buyers, the Liberals are making housing affordability a priority in their fiscal 2022 budget. Thursday’s budget outlined the federal government’s plans for tackling skyrocketing housing costs … Read More
Refinance now or later?
Fixed mortgage rates have been steadily increasing these days, making this a big deal in the mortgage world.Fixed rates have increased by about one percentage point, or 100 basis points, since the start of this … Read More
Mortgagepro for self employed mortgages.
Getting a mortgage as a self-employed individual. Are you aware of this? In the mortgage and financing industry, approximately 15%+ of Canadians are self-employed, which makes this a significant market. However, getting a mortgage as … Read More
Spring is in the air
Strong seller market? There are only a few weeks left until spring! So let’s take a look at the market trends for the upcoming Spring season since some of you might be ready to buy … Read More
The mortgage rate hike has begun.
At this time Bank of Canada raise rates only slithly at its recent meeting of January, it is clear that interest rates are on their way up. It is understandable that those with variable-rate mortgages … Read More
First-time homebuyers.
What are the key ingredients in helping first-time buyers to purchase a home? The obvious ones are: time, patience & handholding/nurturing. But what else is required to get a first-time purchaser to get into the … Read More
Amortization and affordability.
The odds of being able to purchase a home in Canada is, for many Canadians, starting to feel like the odds of winning the lottery. And like the lottery, if they don’t try, they will … Read More
Mortgage protection insurance, for you!
Mortgage Protection Plan: This is not about mortgage insurance, covers the lender in case of loss, provided by selected insurer, like CMHC, this is about your piece of mind, your protection! Protect your home and … Read More
CMHC suggests new tax to solve unaffordability crisis.
CMHC are studying recommended home unaffordability tax will save the crisis.
Canada housing market 2022
Housing Market 2022. According to RE/MAX, steady growth is anticipated across the Canadian real estate landscape into 2022. While Canadians continue to recognize the value and investment potential of their home, market challenges (such as … Read More