FIVE STAR CUSTOMER SERVICE! 
+1 866 921 8890
Local, Toronto Mortgage Brokers With Offices In Ottawa And Hamilton!
... We Will Do Our Best to Close on Time, Headache Free, with Best Possible Rate
New Mortgage Rules Lead to a Slow 2018 for Vancouver and Toronto
Posted January 17, 2019
Posted January 17, 2019
The most expensive housing markets in Canada and Toronto experienced their poorest annual sales in at least ten years. What’s to blame? Stricter mortgages rules and a spike in borrowing costs. Toronto’s Real Estate Board (TREB) reported 77,426 total transactions, a drop in 16% which further led to the average price falling to $787,300. Ontario’s...
Real Estate Projections for Ottawa in 2019
Posted January 17, 2019
Posted January 17, 2019
Can Ottawa’s central office market meet the need of its expanding public and private sector in 2019? This past year’s burgeoning downtown tech presence certainly has real estate experts interested. Falling from 9.5% in December 2017 to 7.5% at the end of Q3 in 2018, Ottawa’s downtown office vacancy rate has been fortified by the...
Reverse Mortgage
Posted January 07, 2019
Posted January 07, 2019
Reverse mortgage is best catered to house rich, cash poor seniors who need to live with some comfort for the rest of their lives. The process of a reverse mortgage sees borrowers apply for loans against the equity of their home to acquire either one lump sum loan or regular installment payments. In a way,...
Forecasts Foreboding for the 2019 Housing Market
Posted January 03, 2019
Posted January 03, 2019
After a tumultuous 2018 for the mortgage and housing market, projections for 2019 housing market are filled with just as much strife. A wealth of recent forecasts shows a landscape hindered by moderated home sales, plummeting home prices, and poor economic growth. As a result, interest rates are expected to flatline throughout 2019. Below is...
The 2019 Housing Market On the Up-and-Up for Canada
Posted December 20, 2018
Posted December 20, 2018
The year of 2018 has been a little slow for Canadian housing markets. However, the new year for the 2019 housing market could come with its own set of curve balls. Throughout the past 12 months, the market was impacted most via the new mortgage stress tests as home buyers in need of mortgages were...
Previously Soaring Ottawa Housing Market Comes Back Down to Earth in November
Posted December 19, 2018
Posted December 19, 2018
The Ottawa Real Estate Board (OREB) says that there’s still quite a demand for Ottawa housing market — despite the pace slowing slightly in November. At a grand total of 1,165, 5% less residential properties were sold in November compared to 1,232 homes that were sold in the same month last year. However, Ottawa housing...
2019 Will See Ottawa Home Prices Increase
Posted December 17, 2018
Posted December 17, 2018
Royal LePage predicts a 2.5% median home sales price boost in Ottawa home prices , while fellow agency Re/Max projects a 4% increase in the nation’s capital as per each company’s respective home sale price reports. John Rogan, a broker in Ottawa with Royal LePage explained on the Rick Gibbons Show on 1310 NEWS that...
Record Lows in Canadian Mortgage Credit Growth
Posted December 17, 2018
Posted December 17, 2018
Reports from the Bank of Canada (BoC) have shown the consistent drop in mortgage credit growth continue in October—meaning Canadians are being far more cautious when it comes to the real estate market. Such meager growth has only been matched by two months throughout the past three decades and will sink even lower. Canadian Mortgage...
Home Builders Hoping Tough Mortgage Rules Soften Up
Posted December 14, 2018
Posted December 14, 2018
The cooling housing market is a direct result of tight mortgage restrictions. As such, Canadian home builders are pleading with the federal government to loosen its grip. Mattamy Homes Ltd. is North America’s largest closely held home builders and executives at the real estate behemoth believe the rules have accomplished the sought-for soft landing. The...
