Archive for the ‘Featured’ Category

Toronto’s Glass Condos…Beware!

Share Many of the glass condominium towers filling up the Toronto skyline will fail 15 to 25 years after they’re built, perhaps even earlier, and will need retrofits costing millions of dollars, say some industry experts. Buyers drawn to glass-walled condos because of the price and spectacular views may soon find themselves grappling with major [...]

Canada Bubble Seen As IMF Risk With Record Low Rates: Mortgages

Share Jan. 17 (Bloomberg) — Kevin Lau, a Toronto-based technology consultant, says he can’t wait to take advantage of the lowest mortgage rates in Canadian history to buy a second condominium and rent his current home. Lau, 28, plans to get another mortgage and refinance his C$160,000 ($157,000) home loan after Bank of Montreal, Toronto- [...]

Fourth Quarter Earnings

Share The fourth quarter earnings season brought good tidings to certain banks, including TD and RBC who saw profits double. In the Big 6 banks’ lending segments, however, many continued to report declining loan margins as Canada’s low rate environment persists. Below are various mortgage tidbits that we pulled from the major banks’ Q4 reports: [...]

Curb Appeal: Giving a Good First Impression

Share A large number of home buyers decide whether to check inside a residence or take it seriously based on its curb appeal. The curb appeal of a residence is the view people observe when they drive by or come along for a showing. You actually can help ensure they want to go inside your [...]