GTA home sales drop 16% in 2018, fewer houses listed: TREB + MORE Jan 5th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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5 Quick Reasons Why You Should Buy a Home Now During the Off-Season + MORE Jan 11th

Though the real estate market is nowhere as hot as it was, let’s say, two years ago, the fact of the matter is that home prices are going down, and some people are still looking to buy. Rising interest rates and a stricter mortgage stress test may have led to a decline in affordability, but i.... More »
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Royal Bank cuts 5-year fixed mortgage rate, others likely to follow suit + MORE Jan 17th

Canada's biggest bank has cut its five-year fixed-term mortgage rate, a move other banks are likely to try to match in short order..... More »
The number of homes sold in Toronto and the surrounding area fell in 2018 as homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules.

Continue Reading On cbc.ca »

Q4 2018 Bank Earnings – Mortgage Morsels

– canadianmortgagetrends.com

Looking back on 2018, it may have been a challenging year for the housing and mortgage markets, but it would be hard to tell judging by the $45.3 billion in collective profits made by the Big Six banks. They wrapped up the financial year with profits up an average of 13% over last year, even […]

Continue Reading On canadianmortgagetrends.com »

The number of homes sold in Toronto and the surrounding area fell in 2018 as homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules.

Continue Reading On cbc.ca »

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