The Bank of Canada has raised its key interest rate as expected to 0.75 per cent — the central bank's first move upward in the cost of borrowing in seven years. The bank's target for the overnight rate — at which major financial institutions make one-day loans to each other — moved up by one-quarter of a percentage poin read more
1. Choose the Location Carefully This may sound obvious, but before you start shopping you n read more
Paying down your mortgage faster. It's one of those boilerplate suggestions that financial advisers love to make to their clients. After all, throwing extra money at the biggest debt most Canadians have can result in big interest savings and being mortgage-free years sooner. So why isn't everyone doing that? According to a sprin read more
Housing affordability questions have placed home ownership and public policy near the top of the national agenda, as mortgage brokers know. Most of the commentary has been focused on the extent to which government policy, particularly with regards to supply, is contributing to the affordability challenges. This debate is ongoing and will not be resol read more
Toronto home sales dip in sign that real estate market may be cooling down by ALEXANDRA POSADZKI, THE CANADIAN PRESS Posted May 3, 2017 7:00 am EDT Last Updated May 3, 2017 at read more
The GTA Real Estate Market is crazy! Buying a new home now is probably scarier than ever before, especially if you are a First Time Home Buyer. This is why the more professional advice you have on your side, the better you will sleep at night after all is said and done. At Queensway Real Estate Brokerage Inc., we have acce read more
Toronto’s housing market showed signs of cooling in April as prices for low-rise homes dropped slightly compared to March and a surge of new listings increased the available supply of resale homes. Prices continued their torrid gains compared to a year earlier, climbing another 25 pe read more
Ontario's Fair Housing Plan introduces a comprehensive package of measures to help more people find affordable homes, increase supply, protect buyers and renters and bring stability to the real estate market. The plan includes: Actions to Address Demand for Housing: Introducing legislation that would, if passed, implement a new read more