Insuring Your Home Image

Insuring Your Home

Though we grumble about how much we have to pay for it, home insurance seems a necessary function.

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Home Insurance Image

Home Insurance

It is essential to maintain your personal property and liability coverage, and, where applicable, insurance for the structure of your residence.

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PETER POLITIS OF GREYBROOK REALTY PARTNERS

 We love our behind-the-scenes views of the real estate industry. We talk a lot about the developments planned for Toronto, but one thing that we rarely focus on is the financing aspect of the projects. Without proper financing, developments are

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CMHC Increasing Mortgage Insurance Premiums

Effective May 1, 2014, the Canada Mortgage and Housing Corporation (CMHC) will be increasing its mortgage insurance premiums after the annual review of their insurance product and capital requirements.Those affected include owner occupied units,

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CMHC increasing mortgage insurance premiums Image

CMHC increasing mortgage insurance premiums

The Canada Mortgage and Housing Corporation (CMHC) just announced that it is increasing its mortgage loan insurance premiums, effective March 17, 2017. Don’t worry, it shouldn’t affect your ability to afford a home.  Mortgage loan insurance is necessary

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Nobu betting on Toronto’s hot market

With headlines warning of a housing bubble and the Mayor of Toronto meeting with the provincial and federal finance ministers to discuss strategies to cool and take control of the market, you’d think some developers may be hesitant to launch an ultra

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Is the foreign buyers tax actually working? Image

Is the foreign buyers tax actually working?

The Ontario Ministry of Finance released new data, which they say is evidence that the non-resident speculation tax - or foreign buyers tax as most people refer to it - has been successful so far.  According to the province, 3.2% of the 66,434 real

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Flaherty thinks privatization

By Sam ReissSince taking a number of measures over the last few years to quell the Canadian market through the Canada Mortgage and Housing Corp, it seems Finance Minister Jim Flaherty has done an about-face. He now says he’s done intervening and thinks

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Will the GTA housing market experience a slowdown this year? Image

Will the GTA housing market experience a slowdown this year?

On the heels of a hot housing market for 2016, Global TV’s finance expert Preet Banerjee thinks we’re going to lose some steam as 2017 progresses. Owing largely to the change in mortgage rules that will mean some buyers lose between 15% and 20% of their

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Airport Announced for Pickering Lands Image

Airport Announced for Pickering Lands

On Tuesday June 11, 2013, Federal Finance Minister Jim Flaherty, on behalf of the Harper government, announced their plans for the expansive Pickering Lands. It looks like Pickering is to get an international airport, but some issues have already

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