Canadian Mortgage Blog

http://ift.tt/1sJ28Op 80% of Vancouver building’s tenants keen to sell, the minority of residents’ claims of unfairness shouldn’t override the majority’s desire to cash out, judge says from The Globe and Mail - Real Estate http://ift.tt/2lt74Wy via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/2sqwFmi and realtors are reporting an uptick in market activity as Canadians seek to slip under the wire before OSFI rules come into force on Jan. 1 from The Globe and Mail - Real Estate http://ift.tt/2C63HQD via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/x4NcYT fractured system does not allow the tracking of foreign ownership of privately held companies so any estimates will be wrong from The Globe and Mail - Real Estate http://ift.tt/2l8YCfY via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/1AlqXNK cities like Toronto and Vancouver, affluent parents are buying properties for their school-aged kids, hoping to prevent them from being shut out of the real estate market from The Globe and Mail - Real Estate http://ift.tt/2DKByvz via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

What is the “Best” Mortgage Rate? Some say: the best mortgage is the one with the “lowest” rate and often it is as a ‘no-frills’ mortgage will save you on interest but  a ‘no frills’ mortgage can cost you a lot more in actual borrowing costs. 4 Potential Negative Impacts of a ‘No Frills’ Mortgages: the penalty to break your mortgage porting rules pre-payment privileges refinance options Mortgage shoppers should ask themselves: What are the odds I’ll move before my mortgage matures? Where will I move and how much might I spend on the new home? Will I need to tap my equity at some point? Will I still qualify if I need to renegotiate my mortgage? Am I better off with a longer amortization? Additional Questions: Do you expect your earnings to change significantly? Will you receive significant bonuses? Will you need to move out of the area? Will you upgrade when you have the financial means? What is your relationship status? ...

http://ift.tt/2kIHIDX booming real estate market has led to escalating property assessments and rents in commercial buildings. Clubs that once staged local favourites and stars alike are closing from The Globe and Mail - Real Estate http://ift.tt/2BaIfcY via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/2yrDiGo improvements and downtown redevelopment seen as boost to future growth from The Globe and Mail - Real Estate http://ift.tt/2AFnxkT via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/Vp03kU features glass, marble, and wood interiors and clean lines throughout from The Globe and Mail - Real Estate http://ift.tt/2AFnuWf via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/2kEeQew association at Sir George Simpson failed to get court order to evict a Hollywood celebrity, reported to be Jennifer Lawrence from The Globe and Mail - Real Estate http://ift.tt/2ysvlk0 via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/2j40oMp still active ahead of usually-quiet holidays as new rules loom; condo market ‘on fire’ from The Globe and Mail - Real Estate http://ift.tt/2nY66q2 via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/Vp03kU prices in Canada are expected to climb by almost 5 per cent next year as buyer demand in the Greater Toronto Area overwhelms the impact of tougher mortgage qualification rules, according to Royal LePage from The Globe and Mail - Real Estate http://ift.tt/2ym5RF5 via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/2j0tjkJ estate brokerages say they are awaiting the results of the coming legal challenge by the Toronto Real Estate Board from The Globe and Mail - Real Estate http://ift.tt/2nRssJt via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

http://ift.tt/wEcZxH six-storey Class A tower, when complete in 2020, will be steps to transit in the tech-friendly Innovation District from The Globe and Mail - Real Estate http://ift.tt/2jQjQ1l via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

New Source of Financing Down Payments The Canadian Real Estate Association is lobbying the federal government to allow parents to borrow from their registered retirement savings accounts (RRSP) to help finance their children’s down payments. CREA, with more than 100,000 agents, brokers and salespeople, has made a 2018 pre-budget submission proposing changes to the Home Buyers’ Plan (HBP). The Home Buyers’ Plan (HBP) currently allows a first-time buyer to withdraw up to $25,000 from an RRSP account to help purchase or build a home, the CREA wants to expand the program so that parents can withdraw from their RRSPs for their children to help purchase a home. Under the plan both parents would be eligible to take funds from their accounts, the CREA would also like to raise the maximum withdrawal limit to $35,000. The government requires that RRSP withdrawals are paid back within 15 years. Family already plays a big role in financing first-time buyers. A survey by Genworth Canad...

Realtor calls out a system of inaccuracy in how living areas are measured from The Globe and Mail - Real Estate http://ift.tt/2BnBxzQ via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Agent says no ‘Princess Premium’ factored into price from The Globe and Mail - Real Estate http://ift.tt/2A3OJpc via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

A five-unit building with a courtyard at centre melds delicately into a Montreal heritage district from The Globe and Mail - Real Estate http://ift.tt/2AW2073 via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Six interested buyers opted for a second visit, out of a total of about 30 visits from The Globe and Mail - Real Estate http://ift.tt/2j2nqZm via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

About two dozen buyers took a look at the property from The Globe and Mail - Real Estate http://ift.tt/2AYnvUJ via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Despite shifting tides, Walter Schneider is still bullish on the industry’s long-term prospects from The Globe and Mail - Real Estate http://ift.tt/2Auy4yb via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Tougher mortgage stress-testing rules could make it impossible for 40,000 to 50,000 Canadians to buy a home each year, driving down real estate sales and reducing the anticipated pace of new mortgage-lending growth, according to a new analysis. from The Globe and Mail - Real Estate http://ift.tt/2AriOC0 via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

While budget-minded buyers have been flocking to the suburbs for at least a decade, the trend has been especially noticeable in price jumps over the past three years from The Globe and Mail - Real Estate http://ift.tt/2zOwMef via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Late architect Arthur Erickson’s house is worth $15,700, while the land’s value has soared to $6-million from The Globe and Mail - Real Estate http://ift.tt/2iRbkSx via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

At least four comprehensive online sources are now publicly providing sales prices for homes throughout the Greater Toronto Area from The Globe and Mail - Real Estate http://ift.tt/2BHBprW via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Despite provincial government’s announcement that outdated maximum fines would be doubled, records show penalties have been in decline from The Globe and Mail - Real Estate http://ift.tt/2ALMpqQ via IFTTT Need a mortgage?: Ontario- http://ift.tt/2hl9gle British Columbia- http://ift.tt/2hm5Mi7 British Columbia- http://ift.tt/2hjGnFR

Nearly 30 per cent of Canada's built-but-unsold housing units are in the province, a sizable inventory that could drive down prices from The Globe and Mail - Real Estate http://ift.tt/2AzHskl via IFTTT Need a mortgage?: Ontario- http://ift.tt/2hl9gle British Columbia- http://ift.tt/2hm5Mi7 British Columbia- http://ift.tt/2hjGnFR