by Rakhi Madan | Mar 5, 2018 | News |
With the recent announcement about the affordable and equitable housing plan by the BC government, there has been a lot of speculation on the upcoming actions of the Ontario government on the same topic. It is no secret that real estate in Ontario has become largely...
by Rakhi Madan | Nov 7, 2017 | News |
Have you heard? As of January 1st 2018 there will be three new mortgage rules implemented nationally. This can mean big changes for those who currently have or are planning to have a mortgage soon. Mortgages can be confusing, especially for first time home buyers, but...
by Rakhi Madan | Feb 8, 2017 | News |
The Canadian Mortgage & Housing Corporation (CMHC) has announced they will be increasing their fees by over 10% in some cases as of March 17, 2017. As a homebuyer with less than 20% for a down payment, you may be wondering how the latest changes affect those...
by Rakhi Madan | Dec 5, 2016 | First Time Home Buyer, News |
It’s a great time to be a first time home buyer in Canada right now! On November 14th the Ontario government announced it’s doubling the maximum Land transfer tax refund, so now it’ll be $4000. This will take effect on January 1, 2017 and will affect more than half of...
by Rakhi Madan | Oct 10, 2016 | News |
The Minister of Finance announced the fixed rate home buyers will now need to qualify for payments at the posted interest rate instead of the discounted interest offered by Toronto mortgage brokers like myself. It’s important to know a few things about the changes to...
