by Jamie Burke | Aug 12, 2024 | News
25 per cent. That’s the percentage of mortgage applications that Perch, a mortgage brokerage based in Toronto, receives from prospective homeowners who are single. That means about three-quarters of their applicants are coupled up, in some form or another. “People...
by REM Editorial Team | Dec 19, 2023 | News
With interest rates and inflation rising high over the last few years, Canadians have gone through some tough times — to the point that many are holding their real estate plans, whether buying or selling. Although the Bank of Canada announced its final rate hold of...
by Emma Caplan-Fisher | Jul 21, 2023 | Advice for Agents, News
If you’ve never worked with a vendor take-back (VTB) mortgage — much less heard of them — now might be a great time to acquaint yourself. And if it’s been a while, consider brushing up. A finance option popular during the 1980s and 1990s for getting buyers...
by Kunal Sawhney | Apr 13, 2022 | Columnists
Discussions on the housing market focus primarily on prices and stakeholders including sellers, buyers and real estate agents. By this measure, the Canadian housing market may be in a golden period. The latest data suggests that over 58,000 houses found new owners in...
by Kunal Sawhney | Jun 23, 2021 | Columnists, Featured
Money is a limited resource. There is a reason why the Bank of Canada oversees the country’s monetary policy. If there’s enough liquidity in the market, people and businesses tend to borrow. Increased borrowing translates into spending and the resulting debt may turn...
