6/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More

Real Estate & Mortgage News

  6/7/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Is that for real? Toronto may soon become a buyer's market, according to RBC.

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Real Estate & Mortgage News

  6/7/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from ... More

Real Estate & Mortgage News

  5/30/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Costly repairs could be awaiting homebuyers as a new survey shows that owners may be missing some important factors when renovating or carrying out maintenance.

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Real Estate & Mortgage News

  5/18/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
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Around 10 million Canadians say they have experienced moderate to high levels of income volatility in the past year.

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Real Estate & Mortgage News

  4/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted.

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Real Estate & Mortgage News

  4/27/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.

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Real Estate & Mortgage News

  4/25/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More

Real Estate & Mortgage News

  4/24/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Many millennials face the understandable apprehension that they may never be able to afford a home in a market that’s continually surging to new heights.

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  4/13/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ... More

Real Estate & Mortgage News

  4/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More

Real Estate & Mortgage News

  4/12/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

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Real Estate & Mortgage News

  4/4/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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In Toronto, some homebuyers are so desperate to win bidding wars they're rushing to make offers without even getting an inspection. The average price for a detached home ... More

Real Estate & Mortgage News

  4/4/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Homebuyers can now view their potential broker’s regulatory record in a now online portal, which allows consumers to search broker and company names to view disciplinary ... More

Real Estate & Mortgage News

  3/28/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

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Real Estate & Mortgage News

  3/20/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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With mortgage insurance premiums rising, homebuyers whose down payments are just shy of 20 per cent may be considering whether to tap extra sources of credit in order to avoid ... More

Real Estate & Mortgage News

  3/20/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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The most frustrated people in the Toronto area’s real estate market right now are clearly the buyers. But right behind them are many seasoned agents.

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Real Estate & Mortgage News

  3/17/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The possible impacts of the U.S. Federal Reserve’s decision on March 15 (Wednesday) to raise its key interest rate from 0.75 per cent to 1 per cent should not be ... More

Real Estate & Mortgage News

  3/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. Higher rates ... More

Real Estate & Mortgage News

  3/14/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Locking in a rate before mortgages become more expensive is the best choice at present, as recent developments have pointed at a possible U.S. Federal Reserve rate hike in ... More

Real Estate & Mortgage News

  3/3/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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While slightly more than a third of Canadian millennials now own a home, nearly two-fifths of them had help from parents to get into the housing market, says a new global study ... More

Real Estate & Mortgage News

  1/29/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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CMHC data shows sky-high prices in the Greater Toronto Area are pushing homebuyers further afield. Spillover from the red-hot GTA real estate market is driving demand and ... More

Real Estate & Mortgage News

  1/20/2017 | Posted in Industry Trends by Forest Hill Real Estate Signature
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According to the Interior Design Show, the following will be the top 10 design trends for 2017 inspiring the direction of design for the year to come.

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  1/20/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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One of the big surprises of the resale market in 2016 in the Greater Toronto Area was the strength of the condo segment. The shortage of listings in the single-family home ... More

Real Estate & Mortgage News

  1/17/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17.

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Real Estate & Mortgage News

  12/28/2016 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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A study by the Ontario Real Estate Association finds more Torontonians are eyeing detached homes, even though those properties are the hardest to find. 

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Real Estate & Mortgage News

  12/24/2016 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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The head of a realtor group in Canada’s largest province said he’d support a program that would lend first-time buyers cash to buy houses and get them out of their ... More

Real Estate & Mortgage News

  12/19/2016 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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High prices and tighter lending conditions aren’t dampening consumers’ optimism and enthusiasm for real estate in the Toronto region, where half of homebuyers still ... More

Real Estate & Mortgage News

  12/7/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as economic conditions move along largely in line with its expectations.

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