🏃🏻‍♀️ 20th Sept 2023 - Rent is going up Faster in Brampton than any other Canadian City, Data Shows!

★ Wednesday 20th September 2023 ★ Mortgage Broker Vs Banks! GTA Real Estate Insider: Daily News Briefing! "Unveil Real Estate Potential: Reports & the Freshest Listings!" "GTA Real Estate Insider: Daily News Briefing" is your daily passport to the inside track of the Greater Toronto Area's real estate market. Each day, we provide you with an exclusive briefing that includes the latest news, trends, and insights directly in your inbox. Whether you're a potential buyer, seller, investor, or industry professional, our concise yet comprehensive content covers a wide range of topics, from market updates and investment opportunities to expert perspectives. Stay ahead of the curve and make informed decisions with "GTA Real Estate Insider: Daily News Briefing" as your trusted guide in navigating the dynamic GTA real estate landscape. Are mortgage brokers able to offer a wider variety of loan options compared to banks? Yes, mortgage brokers often have access to a wider variety of loan options compared to banks. Mortgage brokers are intermediaries who work with multiple lenders, including banks, credit unions, private lenders, and mortgage companies. Their role is to connect borrowers with lenders, and they can offer several advantages in terms of loan options: Access to Multiple Lenders: Mortgage brokers have relationships with numerous lenders, both traditional and alternative. This means they can present borrowers with a range of mortgage products from different institutions. Diverse Loan Programs: Brokers can offer a diverse array of loan programs, including conventional mortgages, government-backed loans (such as FHA, VA, or USDA loans in the United States), jumbo loans, and specialized products like renovation loans or low down payment options. Tailored Solutions: Mortgage brokers can assess a borrower's unique financial situation and goals to recommend loan programs that are the best fit. They can help borrowers find loans with terms that align with their needs and budget. Competitive Rates and Terms: Brokers can compare interest rates and terms from multiple lenders, potentially securing more competitive rates and favorable loan terms for borrowers. Serving Niche Markets: Mortgage brokers often have access to lenders that specialize in serving niche markets, such as self-employed individuals, non-U.S. citizens, or borrowers with non-traditional credit histories. One-Stop Shopping: Working with a mortgage broker streamlines the loan application process. Borrowers can submit a single application, and the broker can shop it around to multiple lenders, saving time and effort. Flexible Credit Profiles: Brokers may have access to lenders who are more willing to work with borrowers with less-than-perfect credit, helping those who might face challenges when seeking loans from traditional banks. Adaptability: Brokers can adapt to changes in the lending market, helping borrowers navigate evolving lending standards and requirements. However, it's essential to note that while mortgage brokers offer these advantages, borrowers should still exercise due diligence. Not all mortgage brokers have the same lender relationships, and the quality of service can vary. It's crucial to work with a reputable and experienced broker who is transparent about fees, has a strong track record, and prioritizes the borrower's best interests. Additionally, borrowers have the option to approach banks and lenders directly to compare loan options, and they should weigh the benefits of both approaches when making their mortgage decisions. Rent is going up faster in Brampton than any other Canadian city, data shows | CBC News The cost of renting a one-bedroom apartment in Brampton went up 29 per cent in August from the year prior and 25.7 per cent for a two-bedroom apartment, according to a report. cbc.ca READ MORE ... Rental Prices in Canada Soar to New Heights, Prompting Concerns for the Future Canada is experiencing a relentless surge in rental prices, leaving many pondering the implications of this on... gonorthumberland.ca READ MORE ... Here's how home prices in Toronto compare to Vancouver With their exorbitant real estate markets and high cost of living, Toronto and Vancouver have rightfully earned the reputation of being Canada's mo... blogto.com READ MORE ... House of the Week: $3.5 million for an Etobicoke home with three fireplaces just off Mimico Creek At 5,200 square feet, this former bungalow also comes with six bedrooms, an immaculate kitchen, a walk-in the size of a bachelor pad and a pool out back torontolife.com READ MORE ... Real Estate & Home Expo 2023 Meet in person and building trustworthy relationships; Stand among the best, connecting with industry leaders. eventbrite.ca READ MORE ... Average price for single family home in Guelph for August: $961,300 The average sale price for a townhouse was $692,600 in August guelphtoday.com READ MORE ... Canadian Real Estate Balancing In A “Meaningful” Way, Pause Unlikely To Boost Market: BMO - Better Dwelling Canada’s real estate market is hard to keep down, but getting up won’t be easy. Canadian existing home sales fell in August, while new listings continue to climb. The easing conditions have led to a balanced market, but will exuberant buyer’s return after the Bank of Canada (BoC) pause? BMO Capital Markets sees it as […] betterdwelling.com READ MORE ... How to avoid probate fees in Canada   - MoneySense Avoiding probate fees in Canada involves implementing strategies such as using beneficiary designations, joint ownership, and establishing trusts to ensure assets pass outside the estate. moneysense.ca READ MORE ... B.C. offers homeowners up to $40K to build secondary suites. Here's what you need to know Homeowners must rent the suites at below-market rates for five years for eligibility. timescolonist.com READ MORE ... Difference Between Move-In Fees And Security Deposits | SmartMove Wondering about the difference between move-in fees and security deposits? Learn which is better for your rental property. mysmartmove.com READ MORE ... Could Including Utilities Costs In The Rent Could Be A Good Decision for Landlords? | TransUnion SmartMove Including this in your tenant's monthly rental rate could be something landlords consider to do. Our helpful guide will walk you through your options. mysmartmove.com READ MORE ... Canadian housing costs have hit 30-year high, StatCan data shows Canadians are paying more for rental units than in the last 30 years as inflation continues to climb, Statistics Canada data shows. ctvnews.ca READ MORE ... International students are not to blame for Canada’s housing crisis | TVO Today OPINION: The housing crisis is a serious problem that requires serious solutions. Scapegoating international students won’t solve anything. tvo.org READ MORE ... How can mortgage owners prepare for higher rates at renewal? - BNN Bloomberg Now well into the Bank of Canada’s interest rate hiking cycle, many mortgage owners have yet to feel the full effect of higher interest rates. bnnbloomberg.ca READ MORE ... Federal investigation of Dominion Lending Centers, one of Canada's largest mortgage broker networks, is absurd and unfortunate: Co-President Allowing brokers to use mortgage application software technology of their choice is like letting Tim Horton's franchisees sell any brand of coffee and doughnuts they want. globalnews.ca READ MORE ... Are there signs Bank of Canada rate increases are working? This doesn't mean policymakers will hang tight mpamag.com READ MORE ... Condo of the Week: $1.5 million for a Riverside loft in an old factory with a view of the skyline This 1,300-square-foot unit also comes with wood slat ceilings, exposed brick, polished concrete floors and sleek sliding doors torontolife.com READ MORE ... Feeling the Pinch in High Mortgage Payments? 2 Easy Ways to Make More Money Short-term cash needs should stay in safe fixed-income investments. You can aim to make more money by investing long-term capital in stocks. fool.ca READ MORE ... How first-time home buyers can use an FHSA to save for a down payment - MoneySense How much should you save for a down payment in Canada? It depends on the price of the home. Learn about tools to help you save, including the new FHSA. moneysense.ca READ MORE ... How much do you need to buy a home in Canada? Elevated rates continue to erode affordability in most urban markets, says Ratehub.ca mpamag.com READ MORE ... 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!" Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings. Call | Email me for more Info on any Greater Toronto Area Listings, Buying, Selling, Investing or Homebuyer's queries. Click Here to View Listings like Real Estate Agents. Click Here For HOMES & CONDOS In Toronto. Click Here For PRE-SALE CONDOS in Toronto. How does Rent-To-Own Homes works? Click Here for Power of Sale Listings. Manoj Atri, REALTOR®  Experienced Toronto GTA Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credits Low or Zero down With Bank Cash-Back | Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com Websites:   Homebuyer Hub | ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • OLD Fan Page: Rent to Own Homes GTA • Facebook NEW Fan Page Blog • Instagram • LinkedIn • Pinterest • Twitter • Tumblr • Youtube • Client Testimonials Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here

📈 19th Sept 2023 - $23,579: This is how much more a Variable Rate could have Cost Homeowners over Fixed Rate!

💥 Tuesday 19th September 2023 💥 Hot New GTA For Sale Listings! Stay Informed: Greater Toronto Real Estate Updates! "Creating Your Real Estate Success Story: Reports & Hot New Listings!" "Stay Informed: Greater Toronto Real Estate Updates" is your daily source for staying up-to-date with the latest developments, trends, and insights in the Greater Toronto Area real estate market. Each day, we deliver the most relevant and essential information directly to your inbox, keeping you informed about market shifts, new listings, investment opportunities, and expert analyses. Whether you're a prospective buyer, seller, investor, or industry professional, our curated updates provide the knowledge you need to make well-informed decisions in the ever-evolving GTA real estate landscape. Subscribe now to "Stay Informed: Greater Toronto Real Estate Updates" and empower yourself with the knowledge to succeed in the GTA real estate market. Can you provide insights into the features and characteristics that make these listings stand out in the GTA market? Listings that stand out in the Greater Toronto Area (GTA) real estate market often have several features and characteristics that make them attractive to buyers. Here are insights into what can make a listing stand out: Competitive Pricing: Properties that are priced competitively tend to generate more interest. Overpricing can deter potential buyers, while underpricing can lead to multiple offers. A well-researched and accurately priced listing is essential. Professional Photography: High-quality, professional photos that showcase the property's best features can make a significant difference. Clear, well-lit, and appealing images can draw in potential buyers. Detailed Listing Description: A well-written listing description provides essential information about the property, including its size, layout, key features, and any recent renovations or upgrades. Buyers appreciate detailed and accurate descriptions. Virtual Tours and 3D Walkthroughs: Virtual tours and 3D walkthroughs allow buyers to explore the property online. They provide an immersive experience and save time for both buyers and sellers. Professional Staging: Staging a property can help buyers envision themselves living in the space. Staged homes often appear more appealing and well-maintained. Curb Appeal: A well-maintained exterior, including landscaping and the overall appearance of the property from the street, can create a positive first impression. Buyers often form opinions before even entering the home. Energy-Efficient Upgrades: Listings that highlight energy-efficient features, such as updated insulation, energy-efficient windows, and modern HVAC systems, may attract eco-conscious buyers. Recent Renovations: Properties that have undergone recent renovations, especially in kitchens and bathrooms, can be more appealing. Up-to-date fixtures and finishes can add value. Proximity to Amenities: Listings located near schools, parks, shopping centers, public transportation, and other amenities are often more attractive to buyers. Access to conveniences can enhance the property's value. Unique Architectural Features: Homes with unique architectural features, such as vaulted ceilings, skylights, or custom-built elements, can stand out in a competitive market. In-Demand Neighborhoods: Properties in desirable neighborhoods with good schools and low crime rates tend to attract more attention. Buyers often prioritize location when searching for a home. Home Warranty: Offering a home warranty can provide buyers with peace of mind, knowing that they are protected against unexpected repairs in the early stages of homeownership. Flexible Terms: Listings that offer flexible terms, such as a reasonable closing timeline or willingness to negotiate on certain aspects, may be more appealing to buyers with specific needs. Positive Online Reviews: Positive reviews from previous buyers or renters can enhance the property's reputation and credibility. Effective Marketing: Listings that are effectively marketed across various online platforms, social media, and real estate websites can reach a broader audience and generate more interest. Responsive Communication: Timely and responsive communication from the seller or their agent can create a positive impression and build trust with potential buyers. Keep in mind that the GTA real estate market is diverse, and what stands out can vary based on property type, location, and buyer preferences. Collaborating with a knowledgeable local real estate agent can help you tailor your listing strategy to maximize its appeal in the specific market segment you're targeting. $23,579: This is how much more a variable-rate could have cost homeowners over fixed-rate RATESDOTCA looked at fixed- vs. variable-rate to see how much more in interest someone with a variable-rate would've paid over the course of a mortgage. rates.ca READ MORE >> Canada’s Home Sales Fell 4% In August As Higher Rates Take Hold Home sales across Canada declined 4% in August from July as higher interest rates keep potential buyers on the sidelines and lead to a slowdown in the market, according to the Canadian Real Estate Association (CREA). The latest data from CREA ... baystreet.ca READ MORE >> House of the Week: $2.5 million for an Etobicoke home with three fireplaces just off Mimico Creek At 5,200 square feet, this former bungalow also comes with six bedrooms, an immaculate kitchen, a walk-in the size of a bachelor pad and a pool out back torontolife.com READ MORE >> Are London's skyrocketing rental rates finally cooling? (Possibly) London’s average apartment rents stayed relatively steady in August, a new market snapshot shows. lfpress.com READ MORE >> Fixed-term leases that let Nova Scotia landlords avoid rent cap rules are popular and legal, but are they fair? Halifax tenants of a landlord who claims to own more than 100 rental units received a notice that their leases are coming to an end. That strikes some as problematic—even if it’s entirely permissible by law. thecoast.ca READ MORE >> “We split our time between van life and renting in the city” Mallory Dunlop and Daniel Tossos are high school sweethearts who bought a sprinter van in 2020. Here, they break down the cost of their DIY renovations and the perks of owning a van while renting full-time torontolife.com READ MORE >> Online accommodation taxes in this B.C. city are now going to help renters Council opts to contribute $150,000 to monthly rent supplements, and $75,000 to a rent bank biv.com READ MORE >> Co-ownership on the rise: How Canadians are responding to housing affordability challenges - Mortgage Rates & Mortgage Broker News in Canada more Canadians are now turning to co-ownership as a means to combat housing in-affordability. canadianmortgagetrends.com READ MORE >> Common Questions about Debt and Divorce One of the leading causes of financial difficulty is relationship or marital breakdown. It can also be said th... battlefordsnow.com READ MORE >> Minimum income needed to buy a home in Vancouver rises due to interest rates The minimum annual income needed to buy a home in Vancouver inched closer to $250,000 last month, according to an online mortgage brokerage. bc.ctvnews.ca READ MORE >> From east to west: Realtors' forecasts for Fall 2023 Discover the surprising real estate forecasts for Fall 2023 - you won't believe what our realtors predict! realestatemagazine.ca READ MORE >> Average price for single family home in Guelph for August: $961,300 The average sale price for a townhouse was $692,600 in August guelphtoday.com READ MORE >> Are London's skyrocketing rental rates finally cooling? (Possibly) London’s average apartment rents stayed relatively steady in August, a new market snapshot shows. lfpress.com READ MORE >> Posthaste: Why the Bank of Canada pause won't save the housing market this time Bank of Canada interest rate pause is not likely to revive Canada's housing market like it did in the spring, economists say. Find out more thewhig.com READ MORE >> Canadian Housing Starts Flatline in August Canada's housing starts showed little change in August, edging up slightly by 0.8% to 244,507 units from July's 242,552 units. thedeepdive.ca READ MORE >> Single-family housing starts picked up pace amid overall slowdown in August - National | Globalnews.ca Canadian homebuilders slowed the pace of housing starts in August, according to the CMHC, particularly among multi-unit builds in urban areas. globalnews.ca READ MORE >> Big Six Canadian Banks' Strategies Amid Rising Rates and Inflation | Investing.com Canada Market Analysis by Canadian ETF Market covering: . Read Canadian ETF Market's Market Analysis on Investing.com CA. ca.investing.com READ MORE >> Rent hikes capped at 3% in 2024, unless P.E.I. landlords get higher ones approved | CBC News The maximum allowable rent increase on Prince Edward Island in 2024 will be three per cent — unless landlords apply for and receive permission to charge up to six per cent more than the 2023 rate. cbc.ca READ MORE >> Single-family housing starts picked up pace amid overall slowdown in August - National | Globalnews.ca Canadian homebuilders slowed the pace of housing starts in August, according to the CMHC, particularly among multi-unit builds in urban areas. globalnews.ca READ MORE >> B.C. moves to increase housing supply, deliver more homes faster New measures are coming to B.C. that will help create more housing as the Province speeds up permitting and helps build more secondary suites for rent. news.gov.bc.ca READ MORE >> Survey suggests 20% of Canadian homeowners considering selling in the next 3 years Survey reveals a shocking trend among Canadian homeowners - 20% considering selling in the next 3 years. Find out why they're making this decision. realestatemagazine.ca READ MORE >> Canadian New Home Construction Pulls Back, Expected To Pull Back Further - Better Dwelling Canada might not have a problem growing its population, but it has a big problem building housing. CMHC data reveals that new housing starts fell in August, despite the population boom. Only two provinces, BC and Ontario, have seen growth over the past year. The declines are expected to continue, prices were driven out of […] betterdwelling.com READ MORE >> 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!" Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings. Call | Email me for more Info on any Greater Toronto Area Listings, Buying, Selling, Investing or Homebuyer's queries. Click Here to View Listings like Real Estate Agents. Click Here For HOMES & CONDOS In Toronto. Click Here For PRE-SALE CONDOS in Toronto. How does Rent-To-Own Homes works? Click Here for Power of Sale Listings. Manoj Atri, REALTOR®  Experienced Toronto GTA Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credits Low or Zero down With Bank Cash-Back | Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com Websites:   Homebuyer Hub | ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • OLD Fan Page: Rent to Own Homes GTA • Facebook NEW Fan Page Blog • Instagram • LinkedIn • Pinterest • Twitter • Tumblr • Youtube • Client Testimonials Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here