The year is underway! Some of us might have already given up on our resolution(s) and many of us have yet to start. Maybe our resolutions were too strict, not realistic, or we just need to revise them a touch. Regardless, we can all agree that…
Category: Housing Market
Keep up to date with the most recent news and updates on Canada’s, fast-paced and always changing, housing marketing.
KEY RESULTS: CMHC's First Quarter Housing Assessment of 2018
Canada's housing market is showing persistent moderate to high ratings. Overall, the market is vulnerable due to overvaluation and overbuilding. REPORT HIGHLIGHTS: Overvaluation at the national level remains moderate, but strong evidence of overvaluation continues to be seen in Toronto, Vancouver, Hamilton, and Victoria. Despite…
The Only Sure Thing in Life is Change!
Would it shock you if we said that you quite likely could get a better mortgage rate if you scraped enough money together from your savings and a gift from mom and dad to put 5 percent down, than if you had a 25 percent…
Rules have Changed to make it Tougher to Qualify for an Insured Mortgage
Bank of Canada announced the rules have changed to make it tougher to qualify for an insured Mortgage. All Insured Mortgages will need to qualify under the Bank of Canada’s benchmark rate (currently 4.64%) on all the terms set out by the banks 4, 5…
We Won! Did you know you are working with the Best Brokerage in Canada?
After being nominated two years in a row, we finally won the Best Mortgage Brokerage Award for 2016. Third times a charm! "Winning this category is a feather in the cap of any brokerage, and it's perhaps even more impressive that such a young company…
New Government = New Taxation Terms 2016
Filing taxes is going to be a bit different this year, as certain terms have changed under new Government. I'd like to offer a simplified bullet points of new conditions to help you when crunching numbers this tax season. Income Splitting: Stephen Harper’s income splitting is still…