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
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
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
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
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
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 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
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
Several forthcoming reports on the best cities for property investment in Ontario (SpendTree, Moneysense) suggest that looking outside the biggest housing markets will yield the most robust returns. Here’s our top 4
Debt Sucks, and freedom from debt is the sweetest relief of all. Using your home equity to consolidate debt could save you hundreds of dollars per month. If you have a significant amount
Insider Tips: Which Renovations Will Boost Your Home’s Resale Value? When considering which home improvements to undergo, a good rule of thumb is to consider the amount of money spent
August 25 Deal of the Week – Pre-Construction Condo Conundrum! Lawrence purchased his pre-construction Condo in Toronto in 2013 and ran into problems when it came time to find a
The numbers are in: Canadian home prices have been growing by 2.0% per month on average, and 10.9% year-over year. The red-hot Toronto market saw a 3.1% increase in home
Becoming a real estate property investor can be very lucrative, but the financing for multiple properties can get tricky; especially when most of the investor’s equity is already tied up
August 8-14 Deal Of The Week Andy from Oakville, Ontario had come under hard times at the beginning of the year when he lost his job. Unable to find work,