5/10/2012 9:22:00 AM
Market Remains Tight with Sales Up in April
May 3, 2012 -- Greater Toronto REALTORS® reported 10,350 transactions through the TorontoMLS system in April 2012. This level of sales was 18 per cent higher than the 8,778 firm deals reported in April 2011. The strongest sales growth was reported in the ...
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1/25/2011 2:49:00 PM
Top 10 Effects Of The New Mortgage Rules - Coming t effect on March 18, 2011
1. Lower purchase and refinance demand will depress mortgage volumes, sparking greater rate competition as lenders battle for less business 2. A small portion of home buyers will sprint to buy homes with a 35-year amortization before March 18, followed by ...
Views: 188
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7/16/2010 10:40:00 PM
Immigration, A reason For Hot market in TO, Ontario
Changes in population from migration and immigration: A total of 20,452 people were added to the province’s population as a result of net inter-provincial migration and international immigration in the first quarter of 2010. As has been the case in every ...
Views: 369
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7/12/2010 2:44:00 PM
Investment Opportunity
I wanted to take a moment to introduce you to a group that The Politis Brienza Team have been working with for the past several years on the real estate development front- Marchant Securities Inc. and Greybrook Capital. We have partnered with Greybrook for ...
Views: 730
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6/17/2010 10:31:00 AM
Home sales decline in May!
June 16, 2010 Madhavi Acharya-Tom Yew Business Reporter Home sales and prices fell in May as would-be buyers felt the pinch of changing regulations and higher interest rates.The decline is a “departure from the normal seasonal pattern,” the Canadian ...
Views: 250
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4/7/2010 4:51:00 PM
Changes in mortgage financing coming soon!
April 19th 2010 marks a new start to mortgage financing rules , home buyers looking to purchase a new home will be facing tougher qualification standards: The changes will be limiting home buyers from getting 95% LTV (5% DownPayment) to 90%LTV (10% DownPayment) ...
Views: 306
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2/19/2010 4:37:00 PM
CMHC Self-Emplyed
Providing traditional forms of documentation to substantiate income can be difficult for many self-employed and commissionbased borrowers. To streamline the home financing process for self-employed borrowers with or without traditional third party validation ...
Views: 266
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2/19/2010 4:34:00 PM
CMHC Newcomer Program
Newcomers to Canada play an increasing role in Canada’s future population growth, creating new market opportunities. CMHC insured financing is available to borrowers with permanent and non-permanent residence status, helping newcomers to realize their ...
Views: 558
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2/19/2010 4:30:00 PM
Get Your Mortgage Pre-Approved
search for your home easier and less time-consuming. To get your mortgage pre-approved, you will need: your personal information, including identification such as your driver’s license; details on your job and proof of your salary; information about ...
Views: 297
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2/19/2010 4:27:00 PM
New Mortgage Rules
Federal Finance Minister Jim Flaherty announced prudent changes to mortgage insurance rules intended to come into force on April 19, 2010: 1. All borrowers must meet the standards for a five-year fixed rate mortgage even if they choose a mortgage with a lower ...
Views: 259
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