Toronto’s Infrastructure Problems Won’t Be Solved By Moratorium on New High Rise Developments

By Admin

November 16, 2016

Toronto’s Infrastructure Problems Won’t Be Solved By Moratorium on New High Rise Developments

Toronto City Councillor Kristyn Wong-Tam of Ward 27 Toronto-Centre/Rosedale recently proposed a moratorium on new high-rise residential condo developments in the downtown core. Her rationale for doing so? Housing oversupply,

A Fresh Start After Bankruptcy: Deal Of The Week

By Admin

November 11, 2016

A Fresh Start After Bankruptcy: Deal Of The Week

Property: Ajax, ON Rowhouse Valued at $425,000 Current 1st Mortgage: $275,000 Purpose: Clients want to refinance their mortgage to pay out Bankruptcy. They also plan to sell their house next

Despite Naysayers, Toronto Real Estate A Profitable Investment

By Admin

November 8, 2016

Despite Naysayers, Toronto Real Estate A Profitable Investment

We’ve all heard doomsday reports about the Toronto housing market. Much like religious cults who predict the end of the world every few years, various reputable journals have been daily

By Admin

October 28, 2016

Toronto Condo Media Roundup

Toronto Condos In The News The past week has seen lots of media attention to Toronto’s housing market on topics ranging from fake proposals, low inventory and foreign home buyers.

Deal Of The Week: Consumer Proposal Wipe Out

By Admin

October 28, 2016

Deal Of The Week: Consumer Proposal Wipe Out

Consumer Proposal: WIPED OUT Property: Owner-Occupied Detached Home Mississauga, Ontario The Deal: Refinance Property to pay out existing 1st mortgage & wipe out consumer proposal so they can save money

By Admin

October 21, 2016

Deal Of The Week: October 21

Throwing A Lifeline Property: 2-Story Detached House Location: Pickering, ON The Deal: Couple had overextended credit with several late payments, plus existing 1st & 2nd mortgage. Matrix Mortgage Global Funded: New

Become a Matrix Mortgage Global Referral Partner!

By Admin

October 19, 2016

Become a Matrix Mortgage Global Referral Partner!

Last week we asked our clients if they were “Feeling the Crunch” and having difficulty managing their expenses this year. An overwhelming majority of our respondents said ‘YES! Times are

Toronto Rental Bidding Wars: It’s Happening.

By Admin

October 14, 2016

Toronto Rental Bidding Wars: It’s Happening.

We know all about Toronto’s red-hot home buying market, with bidding wars driving up purchase prices by 10’s of thousands of dollars. What is surprising is that, with fewer rental

Mortgage Rule Changes Effective October 17

By Admin

October 14, 2016

Mortgage Rule Changes Effective October 17

Canadian mortgage regulators announced that, as of October 17, all CMHC-insured high-ratio mortgages (downpayments of 20% or less) will have to be qualified using the Mortgage Qualifying Rate (MQR) which

Toronto Neighbourhood Feature: The Canary District

By Admin

October 12, 2016

Toronto Neighbourhood Feature: The Canary District

From The Pan-Am Athlete’s Village to Booming Canary District The story of the Canary district is one of triumph, luck and transformation. Unlike so many other cities that create

By Admin

September 30, 2016

Deal Of The Week: A Tricky Split

A Tricky Split The Story: Husband & Wife recently divorced. They have combined unsecured debts over $100k with R4 status. Husband had credit score of 510 and is a

You’ve got a great start-up idea. We can help make it happen.

By Admin

September 28, 2016

You’ve got a great start-up idea. We can help make it happen.

A long time client of Matrix Mortgage Global, Lloyd, had wanted to open up his own small business; a bottled water company. He had the business name registered for over

Which Toronto Neighbourhoods Made The Gentrification Leap?

By Admin

September 26, 2016

Which Toronto Neighbourhoods Made The Gentrification Leap?

If you ever scratch your head in disbelief at how some of Toronto’s neighbourhoods have changed so dramatically seemingly overnight, there’s good reason to believe your eyes. According to the

Deal Of The Week: Investor Purchase + Renovation

By Admin

September 20, 2016

Deal Of The Week: Investor Purchase + Renovation

DEAL OF THE WEEK Purpose: Clients needed funding for a investment home purchase + renovation for a single family detached house in North York. “As Is” Value: $800,000 “As If

Successful Professionals Learned These 3 HUGE Benefits of Networking

By Admin

September 13, 2016

Successful Professionals Learned These 3 HUGE Benefits of Networking

After reading this article you will want to JUMP at the opportunity to network this Wednesday, September 14 — RSVP HERE: http://bit.ly/2coCpWG 3 HUGE Benefits Of Networking Raising Your Profile The familiarity

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