Category Archives: Mortgage
We love our Sens, Toronto’s Raptors just made history in the NBA, but one sport that is not acknowledged as much in general; baseball! Of course, we have our national representative also in Toronto, who do their best every season to get closer to a World Series. But this week, in honour of Canada Day,…
It’s almost the middle of 2019, the stress test is still affecting many of the younger generation who haven’t bought a home before, and affordability is decreasing by the month in major Canadian cities; but everything is still doable if you do it right! Start accepting help from the family, or outside. In Ontario, housing…
Of all the major cities and their popularity in Canada, we are certainly not used to Ottawa becoming so big in real estate! And why is this happening? For most of the past decade-and-a-half, frenetic activity across the country has completely taken Ottawa off the map, in terms of media coverage. Let’s look back a…
From late 2016 until 2018, there have been rule changes by Canadian policymakers in the real estate industry. This led to many future homebuyers being suddenly afraid of owning their own property due to tightened mortgage lending rules, but reflecting on macro results now, it has appeared to be bringing the country’s real estate market…
Alexandre Traboulsi has been living in Ottawa for the past few years to study Law, but his career path had recently taken a different turn – a story he was happy to share with us. Meet our latest guest blogger! How I got involved in Property Management As I moved to Ottawa to pursue my…
We recently wrote about and shared a story about the CMHC wanting to help all young Canadians buy homes by proposing a shared equity plan. As intriguing as this idea is, many suggest it’s a strange idea and probably will not benefit anyone in the long run. The federal government proposed a budget that includes…
We talk so much about mortgage issues, real estate trends, and real estate news that we often forget about what goes on inside the home! Most homes are usually valued by how they look like from the outside, but isn’t it time to speak about a small aspect of the inside? We are now in…
New week, almost new month, and it’s already springtime! January may have gone by slowly, and now we’re already looking at the summer… What has this meant in the Canadian economy and the real estate market? The federal government announced the 2019 budget last week, and without going into too many details, have launched a…
Let’s talk about technology! It is disrupting the world we live in, and every industry known to us is attempting to be simplified (and disrupted) thanks to it; recruitment, dating, retail, and travel to name a few. But of course, the major topic of discussion this week is our profession, real estate and mortgages! …
A recent post on our social media pages and a couple of paragraphs in an older blog briefly discussed the different between a 15 year and 30 year amortization, and the different between the two of them. In real estate, amortization is an accounting term that refers to the repayment of a loan principal over time. Please…