http://www.mortgagebychoice.com/
    
  Realty, Brokerage
Vaughan | Home | Contact | Sitemap | Ph: 905.660.7999 / 416.630.1999 / 1.866.890.1999    Bookmark and Share  
 
Canada Mortgage Rates | Mortgage News | Financial News | USA Mortgage Rates | Mortgage News

Mortgage News

Back To Home

CanadaMortgageNews.ca
News, Views and Trends!

Toronto 15% Foreign tax, new Rent controls… it changes nothing!
15% Foreign home buyers tax, not a big deal Last year, Vancouver introduced a 15% foreign homebuyers tax.  I predicted it would come to Toronto after 6 months. Today, Ontario’s govt has copied Vancouver by introducing a 15% foreign homebuyers tax.   The hope is this will discourage foreign investors from buying and speculating on […]

Housing bubble is coming… again?
You’ve seen them before.. but they went silent for a few years.  I’m talking about the housing bears.  The pessimists that say house prices are too high and will crash.  A housing bubble. Are they right?  Maybe.  But here’s the thing.  We’ve been hearing that house prices are too high for over a decade.  One […]

Enjoy the low rates..No rate hike with Bank of Canada
The Bank held their third, of eight, scheduled meetings this week.   As widely predicted, the Bank of Canada announced that it is holding the key rate steady. While noting that “economic growth has been faster than expected”, the bank said it’s too early to determine if the economy is on a “sustainable growth path”, citing […]

BIG FIVE BANKS employees speak out about deplorable sales tactics… and it’s gone viral!
A news story from CBC has gone viral.   The BANK employees are under tremendous pressure to sell YOU products.  They will say and do almost anything, according to the CBC news article. For those of us working in Financial Services, this is old news.   Stories of high pressures sales and tied selling has […]

Panic buying? When will the housing market slow down?
  Houses selling over asking price is becoming the norm, these days.  Kinda crazy.  Sometimes a house is just listed under market value to attract a frenzy of buyers. An old tactic that has worked well in larger urban markets.  Today, that tactic is being used in smaller communities, too. What’s unclear is if this […]

Another example of BIG SIX BANK inflated penalty calculation.. $13,634.00! Wow!
 If you still think your local BANK is your best friend, think again.  Last week, one of my client’s discovered it would cost them $13,634 to exit their mortgage early.  Compared with only $2736 if they had chosen a BETTER mortgage Lender. Here’s the details..  The clients had a $395,000 mortgage balance remaining.  Renewal date […]

Finally, a tax break on Lander transfer tax.
Did you get a larger Land Transfer Tax rebate? If you bought a home this year, and you’re a first time home buyer, then you’ll pay less tax..   The Ontario provincial govt has doubled the rebate from $2,000 to $4,000.   The rebate is for qualified first time home buyers only. They also eliminated […]

Coming soon…Higher CMHC premiums March 17, 2017
This is not a recording.  CMHC is increasing their premiums for the 3rd time in 4 years.  Here’s what it will look like. Loan-to-Value Ratio Standard Premium (Current) Standard Premium (Effective March 17, 2017) Up to and including 65% 0.60% 0.60% Up to and including 75% 0.75% 1.70% Up to and including 80% 1.25% 2.40% […]

Debt diversification vs Debt consolidation…who wins?
ONLY IN CANADA Attention:  Bankers, close your ears.. we don’t want you to hear this.  Credit card balances, lines of credit, car loan, student loan, home reno loan, personal loan..   If you have one or more of these and you own a home, you’re probably losing money by paying a higher interest rate.  In […]

 

Mortgage Application Form
Loan Amount:*
Purpose of Loan:
First Name : *
Last Name : *
Email: *
Day Phone #: *
Cell # :
Evening Phone #:
Address:
City:
Province:
Country:
Postal/Zip Code:
Anything else you want to tell us:

 

-----------------------------------------------------------------------------

Nawel K. Seth, MBA; Broker of Record
TEL: 416.630.1999 / 905.660.7999. Toll Free 1.866.890.1999


IP Address Location

Flat Fee MLS   |  Flat Rate MLS

 
The Greater Toronto Area | GTA | Thornhill | Richmond Hill | Markham | Vaughan | Unionville | Whitchurch-Stouffville | Newmarket | GTA - EAST | Pickering | Ajax | Whitby | Oshawa | GTA - WEST | Mississauga | Brampton | Oakville | Burlington | GTA - CENTRAL | Downtown | East York | Mid-Town | North York | Scarborough | York Mills | Etobicoke | Allenby | Annex | Armour Heights | Banbury | Bayview Village | Beach | Bedford Park | Bennington Heights | Bloor West Village | Bridle Path | Cabbagetown | Casa Loma | Cedarvale | Chaplin Estates | Cricket Club | Danforth Village | Davisville | Deer Park | Financial District | Forest Hill | Harbourfront | High Park | The Hill | Hogg's Hollow | King West | Kingsway | Lawrence Park | Leaside | Ledbury Park | Leslieville | Little Italy | Lytton Park | Moore Park | New Toronto | North Toronto | Parkdale | Queen West | Rathnelly | Riverdale | Rosedale | Rosedale Golf Club | Seaton Village | Sherwood Park | South Hill | St. Andrew's | St. Lawrence | Summerhill | Willowdale | Wychwood Park | Yorkville | Flat Fee MLS | Discount Real Estate Fees | Lower Real Estate Commission | Discount Real Estate Broker | Discount Real Estate