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mortgage financing

Down Payment Changes Around the Corner

Down Payment Changes: February 14/16 will be the last day that applications will be accepted before the new down payment changes come into effect. If you’re planning on buying a home for $500,000 or more, don’t wait to get your financing in order. If you have questions about this, contact me today for more details. […] Continue reading

Watch Out for an Extra Land Transfer Tax!

The Ontario Ministry of Municipal Affairs & Housing is seriously considering extending the Land Transfer Tax to municipalities.  This would mean a double land transfer tax on the purchase of a property. This was implemented in Toronto in 2008.  It works out to an extra $10000-15000 on a home priced about $450000. If the Liberals […] Continue reading