Pickering / Ajax Real Estate Blog

Retiring with a mortgage? You have options

Laurin Jeffrey — Tue, 14 Feb 2012 21:34:13 +0000

Continuing to make house payments may not be everyone's fantasy heading into the golden years. But there are lots of options to consider for those in their mid-50s with sizable mortgages.

RRSPs or TFSAs: Which is better to use when buying your first home?

Laurin Jeffrey — Sun, 12 Feb 2012 21:32:33 +0000

Nobody sets out to do it, but given the price of Canadian homes, some consumers almost have no choice but to take advantage of the federal government's Home Buyers' Plan.

Mortgage pullback hints of housing crisis

Laurin Jeffrey — Fri, 10 Feb 2012 21:30:48 +0000

FirstLine, CIBC's wholesale mortgage arm, quietly announced Tuesday that it will no longer accept applications from homebuyers who can't prove they have the annual net income to qualify for home loans

Look out below

Laurin Jeffrey — Wed, 08 Feb 2012 21:28:10 +0000

The inevitable landing will probably be soft. Increases in house prices and sales volumes are slowing, and the 2015 Pan American Games in Toronto should prop up builders.

No housing crash for Canada: BMO

Laurin Jeffrey — Mon, 06 Feb 2012 17:59:22 +0000

Canada will likely avoid a crash or serious correction in its "somewhat pricey" housing market, with the possible exception of Vancouver, says a new paper from Bank of Montreal.