Many Baby Boomers might choose to sell in 2023. Here are five key drivers of boomers’ decision to downsize and potentially add a lot of housing supply to the market.
All in Mortgages
Why is the Toronto property market dropping so quickly?
The combination of higher borrowing costs, economic uncertainty, rising supply of active listings, and government policies aimed at cooling the housing market have all contributed to the rapid drop in property values in Toronto. However, it's important to keep in mind that the real estate market is complex and that the impact of these factors can vary from area to area.
Uncertain Vancouver Property Market Outlook
The outlook for the Vancouver property market can be considered uncertain in the short term, with several variables that could potentially impact the market. It is essential to stay informed and seek professional advice before making any investment decisions.
U.S. Fed poised to raise rates in 2022
Higher U.S. interest rates will pressure Canada to match or devalue the Canadian dollar
ANNOUNCEMENT: OSFI Proposes an fixed floor to the Stress Test
Regulator takes our advice to simplify the mortgage stress test for consumers and reduce home price volatility.
Common Mistakes First-Time Home Buyers Make
How to avoid the burden of paying a high mortgage or, worse, getting stuck in a house you don’t actually like.
Vancouver Mortgage Innovator Launches New Product
Home loan start-up offers mortgages with interest rates tied to the value of your home.
Does it make sense to break your mortgage in 2021?
Record-low mortgage rates have made it increasingly attractive to refinance your mortgage at a lower rate