The Ontario housing market continues to be red-hot. House prices have increased significantly because of supply and demand challenges, often leading buyers to go above and beyond asking prices, engaging in bidding wars in an effort to find housing in a market that can’t seem to meet the demand. While some homeowners have enjoyed this increase in home values and Continue Reading
For the last few years, there has been significant speculation in the media regarding what will happen with Canadian interest rates, and April was no exception. This time, speculation surrounded what has been happening south of the border. The U.S. Federal Reserve has strongly signaled several rate increases should be expected in 2017, which had some Canadian mortgage experts suggesting Continue Reading
Do you process refinance mortgages? Then you will want to read this. One very common reason refinance mortgages end up down sold, have their closings delayed or fail to close altogether is because of incorrectly disclosed, undisclosed and undischarged mortgages. This often happens because: Clients are inaccurate with respect to their mortgage balances – they think they have paid down Continue Reading
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