Latest housing stats show listings are down, sales are down… but prices are up, only slightly…. and houses aren’t on the market as long. They are selling faster. Doesn’t … Continue Reading Listings down, prices up…. housing bubble?
Rising house prices could make you rethink buying a home.. Could renting be better today? With the average home price in Toronto around $500k and the National average at $356k, … Continue Reading Rent vs Own…which is better?
Getting calls on this topic once again so I thought I’d clear the air on this very important topic. So what’s difference? They both arrange mortgages…. and both … Continue Reading Mortgage Broker vs. Mortgage Specialist
Earlier this month marked the beginning of the end of 80% loan to value HELOCs. Several Banks and of the Financial Institutions began to cut back the maximum LTV … Continue Reading HELOC’s capped at 65% but some exceptions still apply..
Bank of Canada announced they were keeping the Target Rate unchanged today, during their 6th of 8 regularly scheduled meetings for 2012. (This is not a recording..Lol!) A more interesting … Continue Reading Bank of Cda doesn’t change rate…U.S. Fed not to raise rates until 2015?