3 ways to market your Toronto home listing this spring Image

3 ways to market your Toronto home listing this spring

Billed as the busiest time of year to purchase a resale or new construction home, the months between March and June typically see an influx of new listings and a renewed buyer force.

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The B-20 impact: How will new mortgage rules affect 2018 real estate? Image

The B-20 impact: How will new mortgage rules affect 2018 real estate?

A new year usually means bringing out the bubbly – but homebuyers are less inclined to cheers the beginning of 2018, as January 1st ushered in regulations that make it tougher to get a mortgage. Guideline B-20 is the latest crop of

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Things you need to secure a mortgage Image

Things you need to secure a mortgage

Starting January 1, 2018, all uninsured mortgages will have to undergo a stress test, meaning you need to be approved at 2% higher than your agreed upon rate. This news has many people scrambling to secure a mortgage before the end of the year,

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5 ways to add value to your home this winter Image

5 ways to add value to your home this winter

Do you want to add value to your home? You can do so this winter with these minor home upgrades! Don't worry, these aren't huge projects!

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New report calls stress test for uninsured mortgages ‘unnecessary’ Image

New report calls stress test for uninsured mortgages ‘unnecessary’

Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), wants homebuyers with uninsured mortgages to qualify with a stress test. A recent report from the Fraser Institute says the stress test is “unnecessary” and

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What exactly affects your credit score? Image

What exactly affects your credit score?

On the hunt for your first home? Getting pre-approved is crucial so you are aware of how much you can afford. That way you don’t fall in love with something out of your budget. But what determines your qualifying amount? Your credit score is a major

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71% of first-time buyers use their own savings for a down payment Image

71% of first-time buyers use their own savings for a down payment

The Canada Mortgage and Housing Corporation (CMHC) released the results of its annual Mortgage Consumer Survey, announcing some not-so-shocking statistics about first-time buyers. The survey was completed by 3,002 mortgage consumers that participated in

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Are we all actually real estate addicts? Image

Are we all actually real estate addicts?

Interesting read by Ian McGugan in the Globe and Mail’s Report on Business this week: “Face it, Canada — you’re a real estate addict, and no one wants a cure.”As the percentage of Canadians who own their own homes hits 70%, the majority of the population

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Taking a closer look at capital gains tax Image

Taking a closer look at capital gains tax

Since October, subtle changes to the Principal Residence Tax Exemption (PRE) have meant that Canadian sellers and buyers must disclose transactions on their principal residences to the government. Somehow I missed until recently that the administration

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Perform post-holiday CPR on your savings account Image

Perform post-holiday CPR on your savings account

No matter what you celebrated last month, the holidays are notorious for mercilessly squandering savings. After all, it’s hard to stay on budget when you’re faced with parties, potlucks and pricey gift exchanges, all packed into two weeks. Now that the

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