Ontario Housing Market Update
Sagen has released it’s latest market update for Canada. Here are the highlights:
Ontario Housing Market Update Read Post »
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What’s Happening With House Prices
Whether you’re looking to get into the market, or you’re already a home owner, house prices is a topic on everybody’s mind. For years we’ve heard that house prices are inflated and that the “bubble” will pop. Well, new figures
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What Classification of Mortgage Do You Qualify For?
With rising interest rates comes rising mortgage payments and the fall out of that is a higher debt servicing ratio (the percentage of your income you are using to pay your housing costs). Each classification of lender has a debt
What Classification of Mortgage Do You Qualify For? Read Post »
The Future of Mortgage Interest Rates
BMO Economics released its updated rate forecast and here’s the take away you need to know:
The Future of Mortgage Interest Rates Read Post »
Your Move May Cost More Than You Thought
If the pandemic has taught us anything it’s that we can do our jobs from anywhere. Well, most of us can. And it is this thinking that has driven homeowners to cash out of the bigger cities and take up
Your Move May Cost More Than You Thought Read Post »
Is The Lumber Shortage Affecting Home Prices
Covid has been affecting Canadian businesses since March. We’ve seen smaller stores close, larger chains reducing their number of locations and the prices of some items shoot through the roof. Lumber is one of those items. If you’ve recently tried
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Industry Changes – CMHC Guidelines
It’s no surprise that Covid-19 has affected the globe and the mortgage industry is not exempt from this. Job loss, business closure, lack of immigration has all played a role in impacting the housing market.
Industry Changes – CMHC Guidelines Read Post »