First Time Home Buyers

Wait! Don’t close this window if you are already a home owner. If you are, great! You know the benefits of homeownership and are probably sitting on a nice pile of equity right now. But you may know someone who is still renting – maybe a friend, a family member. I truly hope you will pass this information on, because…

How much house can your rent buy?

This month, I’m featuring an article by my mortgage guru, Peter Majthenyi from Mortgage Architects. This is for all of your renters out there so you can stop building up someone else’s home equity and net worth! If you are a landlord, I apologize. 🙂 In this article, Peter discusses how new mortgage options can make owning a home a…

New mortgage products put home buying within reach!

Like many first time home buyers, you may be paying a decent amount of rent each month, and may have already figured out the downpayment situation. But the cost of housing in Toronto may still seem prohibitive and you might not feel like you want to deal with the mortage payment to get into the home or neighbourhood that you…

February 2007 Market Watch

Ok, so we do have some fair-weather home buyers, but the cold snap in February didn’t dampen home shopping spirits too much. February 2007 was the second-best ever for sales activity with 6,772 sales, just higher than 2006’s 6,756 sales. TREB President Dorothy Mason commented, “While the weather last month may have been cold, Toronto’s resale housing market remained hot,”…