Toronto, ON, October 5, 2016 – The fall may not be as busy as spring for cottage buying, but it still brings out the buyers, shows new research from the Ontario Real Estate Association (OREA). In a survey conducted with its recreational property experts, OREA found that nearly 7 out of 10 Ontario Realtors (67%) sayRead more
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New rules announced by the Federal Government on October 3 will make it more difficult to qualify for a loan. Effective October 17, all homebuyers requiring mortgage insurance must quality based on the posted rate for a five-year term, now 4.64 per cent. The impact of this change is that many consumers will receive smallerRead more