Toronto’s housing market entered the busy spring property season with a bang, as sales surged 17 per cent in April compared with a year earlier and prices also pushed higher. The number of transactions totaled…
Should you choose a fixed or variable mortgage? That is one major question currently facing potential home buyers. Admittedly, it’s always an important consideration when purchasing a home, but more so today than in previous…
Last Wednesday, the Bank of Canada raised their interest rate to 1.25%. If you have a variable rate mortgage, this will have an effect on your interest rate immediately. However, those who have a fixed…
Toronto Real Estate Board (TREB) has released the October 2017 market figures. With the government implementing new laws, such as the mortgage stress test, the market has been affected. Prices are still high, however some…
Banks want mortgage customers who have a full-time job, a good credit score and a sizeable down payment. If you have a part-time job, are self-employed or unemployed, you may find it challenging to be…