Archive for Mortgage Financing
Latest Mortgage Stats From The CAAMP Mortgage Conference
Highlights from 2011 mortgage survey The three-day 2011 Canadian Association of Accredited Mortgage Professionals (CAAMP) Conference in Toronto wrapped up just a few days ago. The managing director of Maritz, a research company, shared the highlights of a survey at the conference that was conducted in October, polling 2,000 Canadians on mortgages: Canadians and their [...]
No More New Mortgage Rules: Flaherty
According to Canadian Finance Minister Flaherty, there aren’t any new mortgage rule changes on the horizon. “We have seen in the past year some softening in the Canadian housing market, in part due to the tightening of the insured mortgage market rules that we did earlier this year… That’s an appropriate result from that tightening,” [...]
4 Secret Tricks To Boost Your Credit Score When Buying Toronto Real Estate
Your credit score is a magical three-digit number that can affect your mortgage rates as well as your ability to qualify for a mortgage at all. Your credit score is lowered by a number of things, such as carrying a high balance, missing payments and applying for new credit. Before jumping into the home buying [...]
Tips For Toronto Home Buyers To Maximize Their Credit Score
One of the major aspects of buying a Toronto house or condo is arranging mortgage financing. Whether or not a major lender will approve you depends a lot on your credit score and how you’ve managed debt in the past. Some clients have come to us and proudly said “We don’t have any credit card [...]
More Of The Biggest Mistakes You Can Make As A First-Time Homebuyer In Toronto
Don’t Make These Mistakes When Buying Toronto Real Estate For The First Time Home buying in Toronto can seem like a daunting task for the first-time buyer. There are many other people involved, paperwork and a lot of things you have to get done all at the same time. Below are some of the worst [...]
Toronto Real Estate Team Information On Making Your Financial Goals A Reality
Toronto Real Estate Blog Presents: Pay Yourself First Edward Jones Financial Advisor Andrew Sherbin shares some quality information on regularly contributing to your investments in this article: Are you falling behind on your Registered Retirement Savings Plan (RRSP) or other financial goals? The solution to the problem may be simpler than you think. It’s possible [...]
Toronto Real Estate Tips for First Time Home Buyers
Toronto Real Estate First-Time Home Buyer Information Toronto Real Estate Home Buyer Tips Part 3: Considering a Mortgage After you’ve figured out your down payment, the next step in buying your first home is getting a mortgage. In many cases, you may be required to get pre-approval for a mortgage before you start actually shopping [...]
Toronto Real Estate Tips For First Time Home Buyers
Toronto Real Estate First-Time Home Buyer Information Before making the jump into looking for your home, finances are a big part of the whole home ownership game. Very few people can afford to throw a few hundred thousand dollars on one purchase, which is why we have mortgages. But before you get a mortgage, you’ll [...]
Buying Toronto Real Estate For Your Children
Is Buying Toronto Real Estate For Your Children A Good Idea? It may seem somewhat outlandish at first, but buying your kids a pice of Toronto real estate instead of making them pay rent to someone else can actually teach them financial responsibility while being profitable – buying them a home that has a basement [...]
Toronto Real Estate Predictions For The New Mortgage Rules
Toronto Real Estate Mortgage Rules We reported that qualifying for Toronto real estate financing just got a bit tighter when more new mortgage rules were announced by Canadian Finance Minister Jim Flaherty this week. What Do These New Mortgage Rules Mean For The Toronto Real Estate Market? The Toronto Real Estate market was predicted to [...]
