by Danny Kucharsky | Feb 19, 2019 | Featured, News
The good news is that mortgage rates are unlikely to go higher this year in Canada. The bad news is a lack of interest rate hikes indicates the Canadian economy is slowing down. So says mortgage broker David Larock, president of Integrated Mortgage Brokers in Toronto....
by REM Editorial Team | Jan 29, 2019 | News
Federal policy changes designed to cool housing prices and demand continue to impact housing markets across Canada with cascading consequences and pressures, says a new report by Mortgage Professionals Canada (MPC). The slowdown in the various housing markets across...
by Jeff Stern | Jun 25, 2018 | Advice for Agents, Featured, Profiles
I don’t show homes to just anyone. In fact, I avoid showing to one particular kind of buyer. They are the buyers who have not taken the step of becoming preapproved to buy a home. Any buyer who has not taken the basic step of getting preapproval from a bank is not...
by REM Editorial Team | Apr 16, 2018 | Featured, News
More than one in four Canadian homebuyers report feeling pinched by the mortgage stress test regulations, says a recent Re/Max survey conducted by Leger. But Re/Max says projections for the spring market are optimistic with most markets expected to remain stable or...
by Penelope Graham | Jan 31, 2018 | Featured, Guest Columns
The new year is upon us, and with it, a whole new real estate reality. Tougher federal mortgage regulations took full effect on Jan. 1, slashing affordability for new borrowers and contributing to slower selling conditions than the record-breaking activity experienced...