The postponed spring housing market has now extended its run well into the fall, with home sales in Toronto and Vancouver up 25% and 29%, respectfully, compared to a year ago. The high demand is continuing to put pressure on prices as well. The average selling price for all home...
Need an Alternative Lender Mortgage?
The majority of homeowners are blissfully unaware of alternative mortgages. They presume everyone is entitled to sub-3% mortgage interest rates, with no fees of any kind. But there is a growing, significant percentage of borrowers who need a different type of mortgage financing solution. Sometimes there is no choice, which...
The State of the Mortgage Market in 2020
Mortgage Professionals Canada has released its latest State of the Mortgage Market report today, which is chock full of new stats and insights into the Canadian mortgage market. Despite regular headlines about rising home prices and overvaluation in the country’s largest centres, the report finds that Canadians continue to see homeownership as...
7 Smart Moving Tips
A budget doesn’t just help you manage the cost of moving, it can also act as a useful way of knowing nothing has been overlooked.
A Big Time Saver
For property investor AC, using a Mortgage Choice broker offered convenience and valuable time savings.
Is Now the Time to Fix?
A lot has happened in the mortgage market over the last couple of months, with several lenders lifting the interest rates.