A methodical approach to selecting a financial advisor
All tagged Purchase Financing
A methodical approach to selecting a financial advisor
In the past year, detached home prices have flattened or drifted downward in Vancouver while condo prices have surged so the price gap between the two has narrowed. At the end of this article we explain our belief that now may be the best time to trade in your condo or townhome for a detached home.
In the past year detached home prices have drifted downward in Toronto while condo prices have surged, so the price gap between the two has narrowed. At the end of this article we explain our belief that now may be the best time to trade in your condo or townhome for a detached home.
In the past year, detached home prices have drifted downward in Vancouver while condo prices have surged, so the price gap between the two has narrowed. At the end of this article we explain our belief that now may be the best time to trade in your condo or townhome for a detached home.
This simple condo buying strategy will save you $100,000
Until May, home buyers with a 2017 pre-approval will have an unfair advantage. Don’t make an offer on a home until May 1st.
A mortgage regulatory change that hasn’t been talked about much in the media but it will likely impact Toronto, Vancouver, Victoria, and Hamilton, especially if condo prices continue to climb. It asks lenders to loan less in markets with high property value risk.
In the past year detached home prices have drifted downward in Toronto and Vancouver while condo prices have surged, so the price gap between the two has narrowed. At the end of this article we explain our belief that now may be the best time to trade in your condo or townhome for a detached home.
The new mortgage stress test which came into effect January 1st makes it more difficult for Canadians to qualify for a mortgage, and the combination of rising rates and the new stress tests could force home buyers to come up with significantly higher down payments than 2017.