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
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
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
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
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!
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.
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
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
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
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