Toronto’s Condo Market Cools as Fewer Developments Launched

Toronto’s Condo Market Cools as Fewer Developments Launched

Condos have been all the rage over the past few years, and it is likely that that trend will continue. However, with a boom in condo developments last year, this year’s number of developments has seen a significant decrease, leading to 56 per cent fewer sales than 2017’s second quarter.

How Much Money Do the BIG Banks Earn?

How Much Money Do the BIG Banks Earn?

With the big Canadian banks set to reveal their quarterly earnings, investors are eager to take a close look to see how higher interest rates and a questionable trade environment are hurting the economy’s prospects.

Mortgage Stress Test is Creating a Generation of Renters

Mortgage Stress Test is Creating a Generation of Renters

Since the new mortgage stress test was implemented at the beginning of the year, approximately 18 per cent of prospective homebuyers have been unable to buy their preferred home, according to a report from Mortgage Professionals Canada (MPC).

What is a Monoline Lender?

What is a Monoline Lender?

As a Mortgage Brokerage that is independently owned and operated, Millennial’s Choice works with big banks like TD & Scotia, while also working with many other “Tier A” lenders.

Retired Seniors Keeping Their Homes Spells Trouble for New Home Buyers

Retired Seniors Keeping Their Homes Spells Trouble for New Home Buyers

According to a recent poll by IPSOS, 9 out of 10 seniors are deciding to stay in their homes post-retirement.