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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Top 5 real estate policies that will impact Ontario buyers in 2018 Image

Top 5 real estate policies that will impact Ontario buyers in 2018

There were some game-changing moves made last year that will surely impact Ontario homebuyers in 2018. Here are five that you should know about: Principal home sales must now be reported to the CRA A capital gains tax rule

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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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Home sales may spike in November and December Image

Home sales may spike in November and December

According to the CREA, we maysee home sales spike in November and Decemeber as buyers rush to purchase before the new mortgage regulation kicks in!

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