Mortgage Wars
200-111 Gordon Baker Road M2H3R1 Toronto, ON, Canada

Canada's Housing Market Outlook! #canadianrealestate #CanadianHousingMarket #housingmarket2021 https://www.bnnbloomberg.ca//canada-s-housing-market-faces

The Minister of Finance announced yesterday they will align the 'insured' qualifying rate with OSFI's increase to the 'uninsured' rate of 5.25% effective June 1, 2021. https://www.canada.ca//statement-by-the-deputy-prime-minis This means all mortgages will need to qualify based on the higher of contract rate plus 2% or 5.25%.... This qualifying rate increase may reduce your purchasing power by 4.0-5.0%, compared to today's qualifying rate. Please feel free to contact us if you have any questions on how this change specifically affects your situation!

https://www.bnnbloomberg.ca/toronto-s-condo-market-springs-

Regulators proposed to increase mortgage Qualifying Rate to 5.25%. Swipe and find out if this affects you! Contact us if you have any questions!

Happy St. Patrick's Day!

Real Estate Market continue to rise! i) 25.1% increase in residential transactions from Oct 2019 vs Oct 2020 ii) 13.7% increase in average selling price from Oct 2019 to Oct 2020... When are you planning to get into the market? #torontorealestate #marketupdate

Even a global pandemic cannot slowdown this Toronto Real Estate Market! Home values are up 16.9% from last year and 5.5% from the previous month! Home Sales are up 29.5% from last year and 49.5% from the previous month!... If you are still waiting for that 'market correction' to get into the real estate market, you may need to reconsider that plan! #torontorealestate #hotmarket #july2020stats #MortgageWars

Regulators proposed to increase mortgage Qualifying Rate to 5.25%. Swipe and find out if this affects you! Contact us if you have any questions!

Take advantage of this lower mortgage rate environment, despite having bad credit. https://mortgagewars.ca/bad-credit-mortgage-rates/

Happy St. Patrick's Day!

Fixed mortgage rates have increased due to increasing bond yields. If you are looking to purchase in the next 120 days, lock in your rates now! #mortgageupdate #mortgagenews #torontomortgagebroker #MortgageWars

If you are still waiting for the market to 'cool off' before you jump into the real estate market, you might need to rethink that. Even a year of a pandemic has not slowed this market down. Take advantage of the low mortgage rates! Contact us if you have any questions! https://www.theglobeandmail.com//article-torontos-housin/

Real Estate Market continue to rise! i) 25.1% increase in residential transactions from Oct 2019 vs Oct 2020 ii) 13.7% increase in average selling price from Oct 2019 to Oct 2020... When are you planning to get into the market? #torontorealestate #marketupdate

"New home prices rise with higher demand and increased costs" https://www.bnnbloomberg.ca/new-home-prices-in-canada-jump-

Even a global pandemic cannot slowdown this Toronto Real Estate Market! Home values are up 16.9% from last year and 5.5% from the previous month! Home Sales are up 29.5% from last year and 49.5% from the previous month!... If you are still waiting for that 'market correction' to get into the real estate market, you may need to reconsider that plan! #torontorealestate #hotmarket #july2020stats #MortgageWars

Mortgage 'Stress Test' Rate dropping to 4.79%. This slightly increases the mortgage amount you qualify for. Message us for any questions! #mortgagenews #MortgageWars #StressTest #MarketUpdates

5 Variables that Impact your Credit Score. #mortgagewars #credittips #marketupdates #realestateinvesting #alternativelending #privatemortgages www.mortgagewars.ca

Canadian real estate continues to stay strong due to higher demand vs supply! #canadianrealestate #torontorealestate #realestateinvesting https://www.bnnbloomberg.ca/real-estate-optimism-sparks-new

https://www.bnnbloomberg.ca/toronto-housing-shrugs-off-pand

Market is Back Up! 1. Average price is up 11.9% from last June 2019. 2. Average price is up 9.8% from last month, May 2020. 3. Despite months of lockdown, real estate transactions is only down 1.4% from June 2019. 4. Sales transactions are up 83.8% from May to June 2020.... Source: TREB - Market Stats #torontorealestate #marketsback #realestateinvesting