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Curated GTA Real Estate Headlines: Daily Recap!"Toronto Real Estate: A Daily Roundup of News and Analysis."GTA Real Estate is a dynamic market that is constantly evolving, and it's important to stay on top of the latest trends and developments. Our daily newsletter, "GTA Real Estate: What You Need to Know Today!" is designed to help you do just that. We curate the most important news, updates, and insights from the industry and bring them straight to your inbox every day. Whether you're a buyer, seller, investor, or real estate professional, our newsletter provides valuable information that can help you make informed decisions in this fast-paced market. From new developments and hot listings to mortgage rates and regulatory changes, we cover it all so you can stay informed and ahead of the game. Subscribe now to get your daily dose of GTA Real Estate news and stay ahead of the curve! In Canada, there are a few options for low or zero down payment mortgages, but they often come with stricter eligibility criteria. Here are a few options to consider: Canada Mortgage and Housing Corporation (CMHC) offers a program called the First-Time Home Buyer Incentive, which provides a shared equity mortgage of 5% (or 10% for new construction homes) to qualified first-time homebuyers. This allows buyers to reduce their down payment and monthly mortgage payments. The Home Buyers' Plan (HBP) allows eligible first-time homebuyers to withdraw up to $35,000 from their Registered Retirement Savings Plan (RRSP) tax-free to use towards their down payment. Some lenders offer low or no down payment mortgages, but they typically require a higher credit score and income, as well as additional insurance fees.
It is important to note that while a low or zero down payment mortgage can help with upfront costs, it may result in higher monthly mortgage payments and additional insurance fees. It is important to weigh the pros and cons and discuss all options with a qualified mortgage broker or lender.
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Goodbye muddy floors, 70s panelling and a dilapidated shed. Hello airy interiors, bespoke cabinets and an EV-ready garage
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Affordability is the main hamper to would-be homebuyers, says BMO report.
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Unlock the potential of Florida real estate as a Canadian investor. Find profitable opportunities, maximize returns, and secure your financial future
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Canadian real estate prices are back to surging after a correction that barely lasted a year. However, the momentum carrying prices higher isn’t expected to last very long after the latest Bank of Canada (BoC) rate hike. RBC, the country’s largest bank, expects rising interest rates will throttle demand at a time when more supply […]
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TORONTO — When Bob Dugan surveys the future of Canada’s housing market, he doesn’t see the rosy picture many long for.
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Canada Mortgage and Housing Corp. (CMHC) reported that the annual pace of housing starts declined 23% in May from April as construction of apartments and condominiums slowed in major markets such as Vancouver, Toronto, and Montreal.
The national ...
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Digital real estate platforms are giving Canadians the confidence they need to make the best decisions when it comes to buying a home.
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The main reason why 20% is considered the magic number when it comes to down payments is mortgage insurance.
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New stats show a further gain in home sales and prices but policymakers are managing a delicate rate balance
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Are Canadian home prices up or down? Is the market rebounding or will it cool down? Read on to find out in our latest real estate update..
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A house in Ontario with an auspicious address sold for significantly more than its listing price after only being on the market for two days.
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This Mississauga home has a private backyard complete with an in-ground pool, cabana and stone patio.
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At first glance, this home looks like your typical Victorian semi-detached house, but let us tell you — it is oh-so-much more. Originally built in...
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With mortgage rates at their highest level in more than a decade, home owners and prospective buyers tend to focus on getting the best rate. While shopping around, however, experts say borrowers shouldn't forget about term length.
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Fixed mortgage rates are once again on the rise, with rates under 5% quickly becoming a distant memory.
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With almost 65K Instagram followers and multiple features in The Globe and Mail and Elle Decor Magazine, Montana Labelle can be considered a ho...
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Toronto appears to have reached the climactic peak of its years-long condo boom as several massive builds reshape the city's skyline. One of the ma...
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Activity increased again in May – but could rising rates see demand fall?
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Economists push back expectations of easing to mid-2024
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The number of homeowners thinking about mortgage refinancing is rising, says Rates.ca. Here's what you need to know if you're considering consolidating your debt in a single loan.
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OTTAWA — Canadians have less cash to spend even as they are taking on more debt, Statistics Canada reported Wednesday, at a time when interest rates are the highest they've been in decades.
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A rental inspection checklist can help landlords make sure they're checking everything they need to. Here's a detailed template and tips from liv.rent.
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Editor's Note"Welcome to my Newsletter Page! I am a professional Real Estate Agent in Toronto GTA with an Architectural background from India. With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers. I am committed to providing excellent service and going above and beyond for my clients. Let me help you navigate the real estate market and find your perfect property in the Greater Toronto Area & Surroundings. Contact me today!"
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