August 2020

Canada’s mortgage ‘stress test’ level falls for 3rd time since pandemic began

Rate falls to 4.79% to theoretically allow a borrower to be approved for a larger loan.  The bar at which the finances of Canadian mortgage borrowers gets tested has just been lowered, making it easier for would-be home buyers to reach. Five-year posted mortgage rates at Canada's big banks have inched lower in recent weeks, enough to compel the Bank of Canada to formally...

Montreal-area residential sales jump 46% in July, setting new record for month

  This marks the second straight double-digit increase in Montreal-area property sales, following June’s 16 per cent advance. Montreal’s residential real estate market continued to play catch-up last month. Some 5,356 residential property sales were concluded in Montreal’s census metropolitan area in July, a 46 per cent surge and a new record for the month, according to data...

Remember these 5 factors when hunting your next Home

When you will start looking for your new home. There will be a lot of things and factors that you need to evaluate and see what fits your needs. Every buyer has a different set of home requirements, needs and tastes. So, it is worth taking the time to discover what you want, what has the most value, and what will pay off in the future. A real estate agent can only help you with the task he understands...

Working With a Real Estate Broker

  Given the amount of money involved and the complexity of the transaction, the sale or purchase of a property deserves careful planning and ongoing support. The road that leads to the sale or purchase of a home may include obstacles along the way and stressful situations (legal documents, negotiations, multiple offers, etc.), but the presence of a real estate broker provides you with an...

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