Canadian Luxury Market Booms Despite Sagging US Sales
Monday, November 04
Despite the American market lagging far behind in construction a few select markets (Toronto, Vancouver, etc.) are seeing a big boom in construction. Lower interest rates are prompting more and more people to stay in the country and buy at home – while many still dream of that Florida summer h...
Understanding the differences between private mortgage lenders and banks
Monday, November 04
Before you borrow against the equity in your home or buy a home you need to understand the differences between private mortgages and bank loans. Here were going to talk about what makes each different, how you can tell which one is right for you, and how we as Toronto mortgage brokers can help...
What Do Borrowers Really Want?
Sunday, October 27
If your lender or mortgage broker, it can be hard to figure out just what borrowers really want. When they’re looking at real estate, luxury homes for sale, or maybe a commercial property they’re looking for the best price and the lowest interest rates on their mortgage. Let’s face it, more an...
CMHC Reports Canada’s Housing Market on the Upswing
Sunday, October 27
Despite a recent slump in the Canadian housing market, CMHC (Canada Mortgage and Housing Corp) reports that home purchases will shift into an uptick in July and continue through August. The market had issues earlier this year, and many analysts and Canada mortgage brokers saw a decrease in hom...
What Do Borrowers Really Want?
Monday, October 21
If your lender or mortgage broker, it can be hard to figure out just what borrowers really want. When they’re looking at real estate, luxury homes for sale, or maybe a commercial property they’re looking for the best price and the lowest interest rates on their mortgage. Let’s face it, more an...
What is Private Mortgage Insurance?
Sunday, October 20
In good times and bad, it never hurts to have a safety net and a little help moving in the right direction. One of the best things you could ever do before you sign on for a loan you can’t afford is to understand what private mortgage insurance is, what it does and most importantly what it wil...