Category: Uncategorized
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Guide To Refinance Your Rental Property Mortgage
Investing in rental properties can generate passive income, but operating costs may reduce profits. Refinancing a rental property mortgage can help minimize these costs by lowering interest rates, reducing payments, or accessing equity. To qualify, owners typically need good credit and at least 25% equity. The refinancing process involves evaluating finances, comparing lenders, and understanding…
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How to Handle High-Rate Mortgage Renewals
Slide 1: Plan ahead: review income, expenses, and debts to manage higher mortgage payments. Slide 2: Shop around: compare rates and terms with lenders or mortgage brokers for better options. Slide 3: Consolidate high-interest debt into your mortgage to simplify payments and lower total interest. Slide 4: Seek professional advice if affordability feels tight; free…
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4 Things to Do With the Equity in Your Home
The Canadian real estate market has seen significant price increases, especially in Vancouver and Toronto, enhancing home equity for many. This has led to a rise in home equity loans, with homeowners using their equity for renovations or debt consolidation. Home equity can also act as a retirement fund, encouraging older Canadians to downsize. Options…
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GTA Late-Summer: Listings up, Prices Pressure Down
Slide 1: GTA home sales rose 2.3% YoY in August, signaling active market opportunities. Slide 2 – New listings increased nearly 10%, easing pricing pressure and giving buyers more options. Slide 3 – Negotiation Power Higher inventory and slight price adjustments let buyers negotiate better deals. Slide 4 – Moderated interest rates encourage buyers to…
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Milton home prices plunge 5.8 per cent to $964,086 in August 2025
In August 2025, Milton's average home price was $964,086, down 5.8% from July and 9.4% from last year. Sales rose slightly by 0.8%, while active listings increased 38.1%. Prices fell across all home types: detached houses averaged $1.23M, semi-detached $943K, attached $830K, townhouse-style condos $625K, and apartment-style condos $555K. Since 2015, prices have risen significantly…
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How Do Rebates Fuel GTA Renovation Growth?
GTA residents face high housing costs and limited available space in 2025. Homeowners increasingly expand existing homes instead of relocating to new properties. Energy-efficient renovation incentives help offset costs for structural home additions. Popular GTA additions include kitchens, second stories, and in-law suites. Financing options from CMHC and federal loans encourage more home expansion projects.
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کینیڈا میں سبز عمارتوں کے رجحانات میں تیزی
کینیڈا پائیداری کو مرکز بنا کر شہری ترقی میں انقلاب لا رہا ہے، جس کی قیادت Toronto، Vancouver اور Montreal جیسے شہر کر رہے ہیں۔ اہم رجحانات میں ٹھنڈک اور پانی کے انتظام کے لیے سبز چھتیں، اخراج میں کمی کے لیے توانائی مؤثر HVAC سسٹمز، اور mass timber جیسے پائیدار مواد شامل ہیں۔ اسمارٹ…
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Bank of Canada Signals Housing Inflation Caution
Slide 1 🏦 BoC signals housing demand now directly affects inflation decisions. Slide 2 📉 BoC stresses 2% inflation target; housing now central to monetary policy decisions. Slide 3 ⚖️ Monetary policy shapes demand, while housing supply remains government’s responsibility. Slide 4 📈 Past rate cuts drove a 40% national housing surge. Slide 5 🔍…
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Buying a New Home in Ontario? Don’t Skip This Step
Check builder licensing first using the Ontario Builder Directory before buying any new home. HCRA-licensed builders meet ethical, competence, and financial standards for safe, reliable construction. Licensed builders enroll homes in Ontario’s new home warranty program, providing protection up to seven years. Unlicensed builders pose risks like poor construction, legal issues, and limited recourse for…
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TIPS FOR GETTING THE BEST MORTGAGE RATE IN CANADA
Securing the best mortgage rate in Canada is essential for both first-time homebuyers and those refinancing. Understanding the mortgage landscape, including economic conditions and regional differences, is crucial. Improving your credit score through timely payments and debt management can lead to better offers. Comparing lenders and mortgage products, considering fixed versus variable rates, and potentially…