All in Toronto
Modernizing the Real Estate Exchange Process to Balance the Scales
There are many arguments blaming supply or demand for the Canadian housing crisis. We need to look at the role of the exchange process and modernize it to support our current real estate market.
Compensation for mortgage brokers is typically a percentage of the mortgage amount. This has the potential to drive unethical behaviour that you should learn to identify and avoid.
People often aren’t sure if they should use a mortgage broker or rely on a bank employee to get them approved for a mortgage. On balance, we believe the benefits of using a mortgage broker outweigh the drawbacks. Find out why.
There are many arguments blaming supply or demand for the Canadian housing crisis. We need to look at the role of the exchange process and modernize it to support our current real estate market.
The Bank of Canada just kept the overnight rate at 1.25% but leading economists expect hikes throughout the course of the year. Why is this the case and why does it matter?
A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement .
Home sellers go to great pains to show their home in the best light so buyers will pay the highest possible price. This is a guide to understanding what they’ve changed, so you can imagine what the home looks like when someone isn’t trying to sell it.
RBC recently released their periodic Housing Health Check. It is very similar to a quarterly CMHC Housing Market Assessment, but their dashboard is more detailed in some ways. The fact that RBC, the largest Canadian mortgage lender and CMHC the largest provider of mortgage default insurance have created these early warning systems should tell you that there is real risk in the real estate market.
