10/12/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

The Ontario Real Estate Association is making more than three dozen recommendations to the provincial government on how it should update the rules governing realtors, including ... More

Real Estate & Mortgage News

  10/5/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
  SHARE

A rise in interest rates (and more to come) is putting the squeeze on housing affordability.

... More

Real Estate & Mortgage News

  10/4/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

CMHC’s new guidelines that make it easier for self-employed borrowers to qualify for a mortgage came into effect on Oct 1.

... More

Real Estate & Mortgage News

  9/24/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
  SHARE

The world's biggest central bank is expected to raise rates this week - and then keep raising them

... More

Real Estate & Mortgage News

  9/20/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

Toronto Home Buyers - Are You Waiting For A House Price Crash? You’ll Be ‘Disappointed,' RBC Says

... More

Real Estate & Mortgage News

  9/20/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More

Real Estate & Mortgage News

  9/13/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

Rising rents is making homeownership the affordable alternative according to a new report.

... More

Real Estate & Mortgage News

  9/4/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

Here are some interesting data about Gen Zers and their homeownership plans and goals.

... More

Real Estate & Mortgage News

  8/15/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC.

... More

Real Estate & Mortgage News

  7/30/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

The GTA new homes market is still all about condos even as prices rise while single-family home prices ease.

... More

Real Estate & Mortgage News

  7/20/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch.

... More

Real Estate & Mortgage News

  7/19/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage

... More

Real Estate & Mortgage News

  7/9/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

A new study found that per TREB numbers, 27 out of 33 markets in the GTA require a household income of at least $100,000 to afford the average home.

... More

Real Estate & Mortgage News

  7/8/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
  SHARE

Home Buyers in the priciest markets - Toronto and Vancouver - also face the highest land transfer tax rates.

... More

Real Estate & Mortgage News

  7/5/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

Home sales in the Greater Toronto Area rose 2.4 per cent in June compared to the same month a year ago, and were 17.6 per cent higher compared to May, according to the latest ... More

Real Estate & Mortgage News

  7/5/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

Toronto real estate may not be what it was one year ago, but it’s still a battle for home buyers.

... More

Real Estate & Mortgage News

  7/4/2018 | Posted in Foreign Buyers by Forest Hill Real Estate CENTRAL
  SHARE

Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC.

... More

Real Estate & Mortgage News

  7/4/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

There appears to be little relief in sight for Canadian homebuyers, especially first-time buyers, as affordability is likely to worsen.

... More

Real Estate & Mortgage News

  6/26/2018 | Posted in GTA News by Forest Hill Real Estate CENTRAL
  SHARE

A recent analysis showed the waning popularity of traditional mortgages among would-be home buyers in the Greater Toronto Area, with originations of traditional lenders (such ... More

Real Estate & Mortgage News

  6/25/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
  SHARE

Economists still expect BoC rate rise but the numbers need to stack up.

... More

Real Estate & Mortgage News

  6/14/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

Mortgage borrowing fell $2 billion to $13.7 billion in the first quarter of this year, the lowest level since the second quarter of 2014 according to Statistics Canada ... More

Real Estate & Mortgage News

  6/12/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

Private lenders have doubled their share of Canadian mortgages since 2015.

... More

Real Estate & Mortgage News

  6/6/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

York Region municipal councillors have proposed a municipal land transfer tax, but the CEO of the Ontario Real Estate Association is imploring them to consider the ... More

Real Estate & Mortgage News

  5/28/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
  SHARE

Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving ... More

Real Estate & Mortgage News

  5/23/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

A study out of Ryerson University warns of a severe housing shortage in the near future.

... More

Real Estate & Mortgage News

  5/22/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

Research from the C.D. Howe Institute released Tuesday revealed zoning regulations, development charges and housing limits in and around southern Ontario's Greenbelt have ... More

Real Estate & Mortgage News

  5/14/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
  SHARE

Despite rising interest and qualifying rates, the luxury sector of the housing market should remain largely unaffected.

... More

Real Estate & Mortgage News

  5/9/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ ... More

Real Estate & Mortgage News

  5/1/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
  SHARE

The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points.

... More

Real Estate & Mortgage News

  4/27/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
  SHARE

Two of Canada's biggest banks are raising their benchmark rates for five-year, fixed-rate mortgages.

... More

Real Estate & Mortgage News