Latest News

  • Understanding the Possible Reasons for a Denied Bank Mortgage Application

    Everything you have heard about how home mortgage interest rates are increasing is true.  However, you are in the market for either a new mortgage or a home equity line of credit (HELOC

    Read more

  • Mortgage Agents and Brokers Licensing

    The Province of Ontario regulates these licenses for those who are allowed to offer mortgages to potential home borrowers.

    Read more

  • January Market Update

    According to the governor of the Bank of Canada, interest rates are likely to remain stable for the present but certainly no reduction in the rates. 

    Read more

  • How Likely is a Real Estate Crash in 2023?

    Prices everywhere are increasing, seemingly day over day.  The economy in our country is really feeling the impact of internal and external factors that are of major concern for everyone from the Prime Minister to the person who sweeps the floors at night. 

    Read more

  • Q1 2023 Homebuyers Quick Reference Guide

    While everyone anticipated a back to new normal in 2022, the housing market did not exactly cooperate. Interest rates increased, which was a great impact on the housing market.

    Read more

  • December Market 2022 Review

    When December rolls around each year, we have a tendency to consider data for year-end results, and that is appropriate.

    Read more

  • What to Know About Assignment Sales

    A transaction that many people are not aware of is an assignment sale.  This is when an original buyer allows another person or entity to take over the sale, including all the rights and obligations that were outlined in the Agreement of Purchase and Sale. This transaction occurs before the original buyer closes on the…

    Read more

  • Q1 2023 Homebuyers Quick Reference Guide

    While everyone anticipated a back to new normal in 2022, the housing market did not exactly cooperate.  Interest rates increased, which was a great impact on the housing market.  Properties still changed hands but at a slower rate.  Mortgage rates increased along with the interest rates to a tune of about 3%, translating to over…

    Read more

  • November Sales Report

    The Toronto Regional Real Estate Board has issued its report for November 2022. They have not yet stated that the market is headed for a crash, but you can decide on your own after reading some of the information they provide.

    Read more

  • What to Know About Reverse Mortgages

    The Canadian Home Income Plan (CHIP) is commonly called a reverse mortgage.  This is an opportunity for homeowners over the age of 55 to increase their cash flow but still live in their current house.  It allows you to receive up to 55% of the value of your home and you have the option to…

    Read more