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 »

CMHC’s 2011 Annual Report
Mortgage News / Mortgages

CMHC’s 2011 Annual Report

CMHC Released their annual report last week, Tuesday May 8th. The Canadian Mortgage and Housing Corporation continues to be an integral player in contributing to the stability of the Canadian marketplace. In 2011, spending on housing accounted for a whopping 20 per cent of Canada’s GDP last year and CMHC provided $2 billion in support of housing programs. Here’s a summary of the report. Continue reading »

Friday Mortgage Round Up – March 9th, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up – March 9th, 2012

Last weekend the government announced a change to current mortgage regulations which now require federal financial institutions to revise the mortgage penalty disclosures they provide to consumers. Plus, BMO is back in full force with their announcement of offering 2.99 per cent on their 5 year fixed mortgage product and TD has responded by bringing back their 2.99 per cent 4 year fixed mortgage. Continue reading »