What Is a Credit Score and What Can You Do About It?

Fraser GengeMortgage Talk Canada

To many people your credit score is this shadow that follows you around your entire financial life that you don’t understand. You know its there, you know it affects you, but you don’t want to look at it too hard until you must. This is understandable, no one makes you look at it and until you need it it’s very … Read More

A Look at Property Taxes In CK

Fraser GengeMortgage Talk Canada

There are very few issues that get as heated when discussed as property taxes. Everywhere from Facebook groups to coffee shops sees people getting up in arms about the amount of taxes that are paid on homes and businesses. Everyone has an opinion, but how exactly do our property taxes work? How are they calculated? Why do they go up? … Read More

Canada among world’s four riskiest housing markets

Melanie ConsMortgage Talk Canada

by Michael Heath Housing market dangers are “especially acute” in Australia, Hong Kong, Canada and Sweden, Oxford Economics said, noting this has historically posed a threat to economic activity. “In all four, valuations are very elevated, there has been a lengthy housing boom, debt levels are high and there is a significant share of floating rate debt,” Adam Slater, lead … Read More

Toronto has rebounded

Melanie ConsMortgage Talk Canada

Good news for Toronto mortgage brokers—the market appears to have rebounded. Numbers released by the Toronto Real Estate Board for the month of August reveal an 8.5% boost in sales over the same month last year, signifying an adjustment to market realities spurred by B-20 and the Fair Housing Plan. In total, 6,839 homes were sold throughout the Greater Toronto … Read More