by Rakhi Madan | Apr 6, 2023 | Purchases |
One of the most commonly asked questions by homeowners in Brampton, Toronto, and the GTA looking to buy a new home is whether their existing low-rate mortgage can be taken with them, with all its current terms and conditions. The answer is – maybe! Porting a...
by Rakhi Madan | Mar 20, 2023 | First Time Home Buyer |
The Tax-Free First Home Savings Account (FHSA) is a new program available in April 2023 that will help homebuyers in Brampton, Toronto, and the GTA get into their first home faster. It allows you to save up to $40,000, giving you a tax deduction on your contributions...
by Rakhi Madan | Feb 2, 2023 | Purchases, Refinance, Tips |
When couples in Brampton, Toronto and the GTA go their separate ways, how the matrimonial home is handled is a major concern. You want to move forward as confidently as possible and that’s why it’s important to seek out the advice of an experienced mortgage...
by Rakhi Madan | Jan 4, 2023 | Tips |
Few anticipated what happened to mortgage rates and the real estate market in 2022. We did expect rates to rise, but going from an overnight rate of 0.25% to 4.25% caught us off guard and at times took our breath away! Inflation soared and the Bank of Canada...
by Rakhi Madan | Dec 3, 2022 | First Time Home Buyer, Qualifying, Tips |
Given price declines since the peak of the housing market in February 2022, homebuyers are finding good opportunities in the Brampton, Toronto and GTA markets. However, our higher rate environment has resulted in a tougher stress test, which makes it difficult for...
