4 Things You Should Know About Variable Rate Mortgages

Variable rate mortgages have historically been the better mortgage option for borrowers in Canada over the past 50 years and yet a little more than a quarter of mortgage borrowers in Canada choose a variable rate mortgage over a fixed rate mortgage. Why is that?

A Surreal Experience

It’s amazing how many thoughts can race through your mind in a matter of seconds.  The images are vivid, yet vanish in seconds.

Making an offer to purchase a home

Once you find a home you want to buy, you will need to present the seller with an Offer to Purchase or Agreement of Purchase and Sale.

Will rising prices force Canadian families into condos?

Low borrowing costs have brought buyers to the Canadian housing market, although slowing job growth and a jump in mortgage rates will likely cool the market.

Canadians aren't getting the whole story on the economy

Here’s a headline you probably didn’t see: Canadians Have Never Been Richer. Or this one: Household Net Worth Rises To All-Time High. Or this: Canadians Are Twice As Wealthy, After Inflation, As They Were Twenty Years Ago.

Strong demand for homes near public transit continues

Transit-oriented developments will continue to be popular among Vancouver real estate buyers, including baby boomers who are downsizing, funding their first-time buyer children, or both, according to Colliers’ fourth-quarter Marketshare report on multi-family residential real estate.

Brazilian and other Latin American buyers increasingly looking for property in Miami

Image Brazilians are again the biggest group of overseas buyers searching for second homes and investment properties in Miami, according to the latest data from the Miami Association of Realtors.

Luxury home sales expected to heat up this fall

TORONTO — Sales of luxury homes will likely gain momentum in the fall, fuelled by demand from international investors, according a new report from real estate sales and marketing company Sotheby’s International Realty Canada.

September Fixed Mortgage Rates To Remain Steep As Bond Yields Climb

An autumn crispness may be creeping into the air but there’s no cool down anticipated for bond yields, the main driver of fixed mortgage rates.

Toronto climbs on the bandwagon as housing market heats up

Number of existing homes sold in GTA rises 21 per cent in August from year ago, joining strong results from Vancouver and Calgary.