Toronto’s Housing Market: Fact vs. Speculation
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Toronto’s Housing Market: Fact vs. Speculation

Everyday there’s another news headline about just how hot Toronto’s housing market is, but should you really believe everything you hear? Here’s why you should read between the lines. Continue reading »

How Interest Rate Changes Affect Your Variable Rate Mortgage
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How Interest Rate Changes Affect Your Variable Rate Mortgage

Fixed rate mortgages are pretty straightforward, but a variable rate mortgage depends on the Bank of Canada’s overnight lending rate. So what happens if that rate should change? Read on to find out! Continue reading »

The Battle for High Priced Homes Continues in Toronto and Vancouver
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The Battle for High Priced Homes Continues in Toronto and Vancouver

The challenges continue for prospective homebuyers in Toronto and Vancouver, with skyrocketing prices, a dwindling supply in detached homes and no overnight rate hike in sight. Read on for the latest messages and advice from experts to find out what’s best for you. Continue reading »

Bank of Canada leaves July Rate Unchanged
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Bank of Canada leaves July Rate Unchanged

As expected, the Bank of Canada has decided to keep the overnight lending rate at 0.5 per cent. Read on for more on how this will affect your mortgage and the factors behind keeping the status-quo. Continue reading »

Bank of Canada Calls Soaring House Prices in Toronto and Vancouver “Unsustainable”
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Bank of Canada Calls Soaring House Prices in Toronto and Vancouver “Unsustainable”

There’s no slowdown in sight for home prices in Vancouver and Toronto, and that has the Bank of Canada worried. Here’s what Governor Stephen Poloz is saying about its impact on our local and greater economies. Continue reading »

Is Your Credit Score Mortgage Ready?
Buying A Home / First Time Home Buyers / Mortgage News / Mortgages / Mortgages 101

Is Your Credit Score Mortgage Ready?

Is your credit score mortgage ready? Many Canadians don’t know the state of their score before starting the pre-approval and application process – and they could be in for a nasty surprise. Here’s what you need to know about your score – and how you can improve your chances of qualifying for a mortgage. Continue reading »