24 Aug 2021

The single biggest winner in this upcoming election will absolutely be the homebuyer. I have never seen so much attention paid to the housing market in any political elections of any level than what we are seeing today. It’s literally...

16 Aug 2021

Surprise! We have a Federal Election coming up on September 20th 2021. That’s only 35 days! Incredible when you compare Canadian to US elections how quickly they happen here, isn’t it? In this post I am going to review and...

01 Apr 2021

Have you noticed lately that the headlines in today’s media are aimed squarely at our real estate market? Have you noticed how each article seems to paint real estate either in a negative light, the worst decision ever, you don’t...

27 Feb 2021

We’re already two months into 2021 and finally we’re seeing some increases in interest rates (fixed-rates). When I say “finally”, I don’t mean this that I’m happy about it. On the contrary! However let’s face it: Low rates were not going...

10 Dec 2020

As we try and erase 2020 from our memories and run head-first into 2021, I’m actually quite bullish and optimistic about the housing market in a way that I haven’t felt in years past. Here are my reasons why that...

01 Dec 2020

Quick! Tell me. What’s the average condo price today in 416? By doing a quick google search I found out it is $622,000 as of October 2020. (So?) So.. CMHC just announced on page 87 of this manual on how they will fight...

27 Nov 2020

I hate to sound like an alarmist but as we get to the end of 2020, I am noticing a trend among the hourly-wage and self-employed borrowers that will definitely impact their mortgageability next year. What do I mean by...

20 Nov 2020

One of my favourite lending programs that allow people to qualify for more mortgage than they would normally do so under traditional guidelines is by using net worth lending. It is what it sounds like: If you have net worth, you can...

19 Oct 2020

The title of this blog post isn’t mincing words. The photos below are ones from a listing I recently saw in Toronto, asking about $600,000. This, folks, is a dump with a capital “D”. (Keep scrolling, I promise this will...

09 Oct 2020

October 1st was the day that you can open a Personal Real Estate Corp, or PREC. Great. However, what does this mean for you as a Realtor trying to get a mortgage? That’s where things get…. interesting. Here is how we qualify Realtors...