by Rakhi Madan | Mar 5, 2024 | First Time Home Buyer, Purchases, Qualifying |
With expectations of lower mortgage rates on the horizon, homebuyers are gearing up for what promises to be a robust spring housing market. As anticipation builds, many prospective buyers are eager to seize the opportunity to secure a mortgage and purchase their dream...
by Rakhi Madan | Feb 4, 2024 | First Time Home Buyer, Purchases, Renewal |
While nothing is certain, Bank of Canada cuts to the overnight rate are on tap for 2024, possibly starting in April. The strong potential for rate cuts has made variable and adjustable mortgages a top consideration for some homebuyers and homeowners because these...
by Rakhi Madan | Nov 30, 2023 | First Time Home Buyer |
Data and analysis provided by ReMax. The average Brampton home sale price dropped by 11% from 2022 to 2023, going from $1,187,358 to $1,057,077, while the number of sales decreased by 21.1%, falling from 5,985 in 2022 to 4,722 units in 2023. Expect average sale prices...
by Rakhi Madan | Nov 3, 2023 | First Time Home Buyer, Purchases |
Prospective buyers are now embracing innovative strategies to turn their homeownership dreams into a reality. These creative approaches allow you to enter the real estate market and lay the foundation for future financial growth. By thinking outside the box, you can...
by Rakhi Madan | Oct 4, 2023 | First Time Home Buyer, Purchases, Qualifying, Specialty Mortgages |
In today’s real estate market, the path to homeownership is not always straightforward, especially given how difficult it can be to qualify for a mortgage. Many homebuyers and homeowners in Brampton, Toronto, and the Greater Toronto Area find themselves facing...
by Rakhi Madan | Aug 1, 2023 | First Time Home Buyer, Purchases |
According to Insauga.com, Brampton has the highest rents in all of the GTA! Brampton had an average rental price of $3,263 per month in the first quarter of 2023, while the average mortgage payment for a $1,000,000 home was $4,626 for a difference of just $1,363....
