Interest Rate Update As much as the media and market commentators call Wednesday’s June 7th interest rate hike of .25% to a Bank Rate of 4.75% a surprise, we have been calling for a 25-50b basis point increase in interest rates for the later part of this year. (See our articles Jan 24, Mar 7 […]
Continue ReadingSelf-Employed Mortgage in Ontario
Self Employed? We have you Covered. If you are a self-employed person in Ontario, this article is for you. Are you looking to get a mortgage to purchase a home or to refinance your current home but don’t know where to start? Let us help you. “What is a self-employed mortgage?”, you might ask. […]
Continue ReadingChanges for First-Time Home Buyers — What You Need to Know
Did you know the Canadian government made changes to the First-Time Home Buyers Incentive (FTHBI) last week? Discover how the changes made on May 3rd, 2021, will ease the pressure on Canadians looking to enter the housing market in three key metropolitan areas below. What has Changed? The Department of Finance along with CMHC (Canada […]
Continue ReadingHow will the Ontario Real Estate Market React Post COVID-19 Lockdown?
Ontario Real Estate Set to Expand in New Ways As Canadian Provinces including Ontario slowly experiment with opening up businesses once again, residents are finding a changed scene even in local settings. How has this affected the real estate market? After months where house showings were limited, virtual or non-existent, home buyers, sellers and real […]
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