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Mortgage News & Rates

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Shorter Fixed-Rate Mortgages Gain Popularity As Rates Skyrocket

Many people are choosing fixed rates but not opting for the full five-year because they are expecting interest rates to decline soon.

Rate Hikes Resulting In Demand For Secondary Units

Specifically in Ontario, the lack of housing options is driving the demand for secondary units such as basement apartments, laneway homes, and in-law suites.

Bank Of Canada Rate Likely To Stay High For Some Time

The Bank of Canada is fighting to restore price stability.

What To Expect in 2023: Residential Mortgage Forecast

Canada is anticipating trends and developments that will shape the Canadian residential mortgage market in 2023.

Family Offering 2 Years’ Rent Up Front Is Declined Several Times In The GTA

The Eilesen family is being forced to move out of the home they've lived in for eight years.

Record Population Growth Keeps Home Prices High

With record-breaking numbers of immigrants in Canada, there will be anticipated consequences on the already heated property market, particularly regarding home prices

The Importance of Matching your Lender to your Portfolio

ental income can be leveraged in a mortgage application to increase your approval amount, however the increase you’ll see in your borrowing power can vary substantially from one lender to another.

UNDERSTANDING MORTGAGE RATES IN ONTARIO

In this article, we'll explore what you need to know about mortgage rates in Ontario and how they can affect your real estate investment.

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