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Key Things to Know About Latest Mortgage Stress Test

Tuesday Apr 17th, 2018

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On 1st January 2018, new and tighter mortgage regulations are released out. Now, it is the time to put light on what this is for you people. Before, October of the year 2016 government deployed latest mortgage rules, which are most commonly called ‘stress tests’. These stress tests required for each and every insured mortgage to be given approvals by the posted and set of rate 4.46 percent by the Bank of Canada. Now, it is being introduced for the un-insured mortgages and which is... [read more]

The Features Every Toronto Condo and Loft Dweller Looks For

Tuesday Jan 23rd, 2018

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For every person who is looking forward to buying a new condo in Toronto has only one question in mind, which is; what features to look for in the condo? This question needs to be catered by every builder as well. What are the features that you need or want when looking for a condo to live in or to make it a desirable habitat for yourself and your family? To conclude the results for these questions, Avid Ratings Canada conducted a survey about the preferences of the condo dwellers. The... [read more]

Five Most Aesthetic Ideas to Design Small

Tuesday Aug 01st, 2017

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Who says you cannot design your home on a budget?   Contrary to the general idea, home decorating does not require a vast fortune.  Use your own creative and aesthetic style to decorate your home.  Using and reusing things wisely can be of great help.   There are no set of rules when it comes to home décor. Every room has its own purpose and each one of us has a different idea of what a perfect, beautiful home should look like. Decoration on a tight budget... [read more]

All That You Need to Know About Entertainment District Condos

Thursday Mar 23rd, 2017

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Did you all enjoy a visit to the entertainment district?  the question to the group was replied by a small girl in a French Canadian accent Yeah!  Between University Avenue and Spadina Avenue lies the old Garments district. Early 20th century this industrial area was full of clothes, looms, and weavers. The rail and water transport facility made this place ideal for industrial growth. The residents were scanty and not many houses or eateries were here. Of course, visitors were... [read more]

Trends of Canadian Mortgage Rates in 2017- Expert Views

Monday Apr 03rd, 2017

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Bond yields are not going to fluctuate, so there is no rise expected in fixed rates. However, as money lenders and banks will now adjust pricing to live up to new regulations announced on 1st of Jan, 2017, many borrowers will end up paying extra for their next mortgage. During the last month, yields were retracted partially. Mortgage rates also accompanied bonds higher, but partially. Therefore, unless there is a drop in bond yields, there is no scope for the mortgage rate to increase even a... [read more]

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