Home Inspections Prior to Sales are Falling as Market Booms
The housing market in Ontario is incredibly hot, and inspections are suffering as a result.
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Second Mortgage Ontario
- Oct 14, 2021
- 1 min
Markham Community Votes - Platinum Paralegal Winner
Lockwood Paralegal Firm was voted the platinum winner by the Markham Community Votes in the paralegal category. To view the award, click...
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Second Mortgage Ontario
- Oct 8, 2021
- 1 min
How many Ontario homes need to be built to meet demand?
A research firm has done a study on population growth in Ontario, mixed with current demand. The outcome? One million new homes would...
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Second Mortgage Ontario
- Aug 30, 2021
- 1 min
Bidding Wars Become the Norm in York Region
Year-over-year sales of houses in York Region have outpaced Toronto. With the market still hot, bidding wars have become the norm rather...
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Second Mortgage Ontario
- Aug 25, 2021
- 1 min
Inflation Rates are Rising, What Does That Mean for Mortgages?
Inflation is at a decade-long high rate (3.7% for July 2021). The Bank of Canada believes that elevated consumer prices are temporary and...
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Second Mortgage Ontario
- Dec 18, 2020
- 1 min
Toronto Set to Implement Vacant House Tax
Toronto has voted (24-1) to implement a vacant home tax in the city.
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Second Mortgage Ontario
- Dec 15, 2020
- 1 min
Average 1-Bedroom in Toronto Drops 20% in 2020
The COVID-19 pandemic has turned the tenancy world, and in turn the mortgage world, upside-down.
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Second Mortgage Ontario
- Nov 9, 2020
- 1 min
Toronto Housing Soars in Price
The average house in Toronto is selling at $1,025,925.00, while the GTA is not far behind at an average of $968,318.00. Despite the...
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Second Mortgage Ontario
- Oct 2, 2020
- 1 min
Canadian Mortgage Rates At All-Time Low
Canadian rates for mortgages are at an all-time low. The question remains, can they go even lower? The Financial Post wrote an article...
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Second Mortgage Ontario
- Jun 5, 2020
- 1 min
CMHC Toughens Rules for Insured Mortgages
CMHC has released tougher qualifying rules for their insured mortgages. To read more, click here.
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Second Mortgage Ontario
- May 15, 2020
- 1 min
Mortgage Stress Test Rate to Drop
Mortgage Stress Test Rate to Drop
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Second Mortgage Ontario
- May 7, 2020
- 1 min
Toronto Releases New Dates for Property and Utility Tax Deadlines
New Dates from Toronto for Property and Utility Tax Deadlines
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Second Mortgage Ontario
- May 6, 2020
- 1 min
Personal Finance Questions Answered by BBN - Including CERB, EI, and CESB
Personal Finance Questions Answered by BBN
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Second Mortgage Ontario
- May 4, 2020
- 1 min
What Will Your Office Look Like After COVID-19?
What Will Your Office Look Like After COVID-19?
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Second Mortgage Ontario
- May 1, 2020
- 1 min
A Guide on How the Provinces Plan on Reopening
Guide on How the Provinces Plan on Re-Opening
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Second Mortgage Ontario
- Apr 30, 2020
- 1 min
TD Projects Toronto Home Prices to Increase 7.8%
TD Projects Toronto Home Prices to Increase 7.8%
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Second Mortgage Ontario
- Apr 29, 2020
- 1 min
Despite Ban in Ontario, Short-Term Rentals Still Exist
Despite Ban, Short-Term Rentals Still Exist
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Second Mortgage Ontario
- Apr 28, 2020
- 1 min
Selling a House During the Pandemic? Here Are Some Tips
Selling a House During the Pandemic? Here Are Some Tips
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Second Mortgage Ontario
- Apr 27, 2020
- 1 min
Survey: 1 in 20 Mortgage Payments Have Been Missed Due to COVID-19
Survey: 1 in 20 Mortgage Payments Have Been Missed Due to COVID-19
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Second Mortgage Ontario
- Apr 27, 2020
- 1 min
GTA House Sales Down 69% in April Due to COVID-19
Toronto House Sales Down 69% in April Due to COVID-19
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