💡 8th Dec 2023 - Six Choices For Homeowners Refinancing A Mortgage With Soaring Interest Rates!

💥 Friday 8th December 2023 💥 Master The Art of For Sale By Owner! Curated GTA Real Estate Thrive: Daily Buzz! "Maximize Your Move: Free Reports & the Hottest New Listings!" "Curated GTA Real Estate Thrive: Daily Buzz" is your daily source of buzzing insights and thriving developments in the Greater Toronto Area real estate market. Each day, we deliver a curated collection of the most thriving trends, market insights, and critical updates directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Daily Buzz" covers a wide range of topics, from emerging market trends to thriving investment opportunities and expert analysis. Stay engaged and well-informed with the market's buzz through "Curated GTA Real Estate Thrive: Daily Buzz" as your trusted resource in navigating the dynamic GTA real estate landscape. Can I still access the Multiple Listing Service (MLS) when selling "For Sale By Owner" in Toronto? In Toronto, as in many real estate markets, access to the Multiple Listing Service (MLS) is typically limited to licensed real estate agents and brokerages. The MLS is a powerful tool used by real estate professionals to share information about properties for sale with one another. It is not directly accessible to individual homeowners selling "For Sale By Owner" (FSBO). However, there are alternative options for FSBO sellers to gain exposure and market their properties: Flat-Fee MLS Services: Some companies offer flat-fee MLS services that allow FSBO sellers to list their properties on the MLS for a one-time fee. This service provides exposure to a broader audience of buyers who are working with real estate agents. Online Listing Platforms: There are numerous online platforms and websites where FSBO sellers can create listings to showcase their properties. While these platforms may not have the same reach as the MLS, they can still attract potential buyers. Social Media and Online Marketing: FSBO sellers can leverage social media and online marketing to promote their properties. Creating a dedicated website, using social media platforms, and advertising on real estate websites can help reach a wide audience. Yard Signs and Local Advertising: Traditional methods like placing a "For Sale" sign on the property and advertising in local newspapers or community bulletin boards can still be effective in attracting local buyers. Open Houses: Hosting open houses can be a way to showcase the property to potential buyers directly. This provides an opportunity to highlight the property's features and answer questions from interested parties. While FSBO sellers may not have direct access to the MLS, they can employ a combination of these strategies to effectively market their properties. It's essential to be proactive in marketing efforts and consider seeking professional advice on pricing, presentation, and legal aspects of the sale. Keep in mind that, even as an FSBO seller, you may encounter buyers who are represented by real estate agents, and cooperating with buyer's agents is common in real estate transactions. Six Choices for Homeowners Refinancing a Mortgage with Soaring Interest Rates How can you limit the financial pain when refinancing your mortgage amid a rising-rate climate? Let’s explore six options. blog.remax.ca READ MORE ... Housing market cooldown continued in November, but no signs of distressed selling yet - Mortgage Rates & Mortgage Broker News in Canada The slowdown in housing activity across the country continued in November, but so far there aren't signs of widespread distressed selling, figures show. canadianmortgagetrends.com READ MORE ... Home sales slowing says Winnipeg Regional Real Estate Board - Winnipeg | Globalnews.ca The region has seen more active listings on MLS for homes this November, compared to both the previous year and the five-year average. globalnews.ca READ MORE ... 'Expect damage': Regina couple watch police raid their Airbnb on doorbell camera A Regina couple who own an Airbnb received a surprising phone call from police last Wednesday alerting them their property was about to be raided. regina.ctvnews.ca READ MORE ... Decorate the rental room! Make it livable: Make a small room beautiful with plenty of storage: inzpy.com Move into a rented room, apartment, or condo that has a smaller room size. But there are many assets. How to organize it without clutter? Let's take a electriccitymagazine.ca READ MORE ... Net Lease vs. Gross Lease: What's the Difference? A RE/MAX CRE expert can clarify how a net lease vs. gross lease can impact your business success. Before you sign, add a RE/MAX agent to your lease review team! blog.remax.ca READ MORE ... High rent and house prices partly down to immigration, BoC deputy says The recent surge in newcomers is adding to inflation through housing demand and rents and home prices could continue to rise without boosting hou... kelownanow.com READ MORE ... Canadian buyers need more income to qualify for mortgages Homes just keep getting less affordable even as prices fall across Canada, a new report has found. Online mortgage brokerage Nesto released a report in late November examining October data that found Canadian buyers on average needed about five per cent more annual income compared with last fall to qualify for a mortgage to purchase an average priced home. Basing its data on a 20 per cent down payment and the average five-year, fixed rate... msn.com READ MORE ... Takeaways for advisors after Bank of Canada decision BoC holds rates, experts weigh in on likelihood of future cuts wealthprofessional.ca READ MORE ... Latest Commercial Real Estate Market Trends in Canada RE/MAX experts have their finger on the pulse of Canadian commercial real estate market trends. Let a RE/MAX agent help you find a property that works. blog.remax.ca READ MORE ... Plummeting bond yields could mean lower mortgage rates by spring, say industry watchers Twenty months after the Bank of Canada launched one of the most intense interest-rate hiking cycles on record, the bond market is indicating that cuts are on the way. Government of Canada benchmark five-year bond yields dipped below 3.5 per cent on Dec. 5 to 3.44 per cent, according to data on the central bank’s website, then fell below 3.4 per cent a day later. That put five-year yields down more than 100 basis points from their peak of 4.42... msn.com READ MORE ... Markets: How many rate cuts are being priced in for 2024? Wall Street is increasingly bullish on the market outlook (^GSPC, ^DJI, ^IXIC) in 2024. Saxo Senior Fixed Income Strategist Althea Spinozzi and Roundhill Investments Chief Strategy Officer David Mazza join Yahoo Finance Live to discuss what 2024 may hold in store for the Fed's interest rate policy and how markets are already pricing in expected interest rate cuts. "Realistically, we believe that inflation is going to have lesser importance than growth throughout 2024. But central banks are going to be cautious about that," Spinozzi says. "So, right now, the market is pricing in five interest rate cuts by the end of 2024. We believe that that is ahead of itself." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. ca.finance.yahoo.com READ MORE ... High immigration contributing to housing inflation, BoC says - Mortgage Rates & Mortgage Broker News in Canada While spending by newcomers to Canada is having a negligible impact on headline inflation, it is contributing to elevated housing and rent prices, the Bank of Canada says. canadianmortgagetrends.com READ MORE ... Roughly half of first-time buyers likely to use first home savings account: BMO poll A new survey suggests a little more than half of potential first-time homebuyers are interested in using a first home savings account, even though they don't know much about it. cp24.com READ MORE ... BoC holds key interest rate steady as speculation shifts to timing of rate cuts The Bank of Canada ended the year with another interest rate hold as the economy slows and forecasters speculate on the timing of rate cuts in 2024. ctvnews.ca READ MORE ... The Chase: One couple’s race to find a house within an hour of the city for under $800,000 When property prices dropped last winter, Anna and Anastasia hurried to upgrade from their apartment before the market heated up again torontolife.com READ MORE ... All quiet on most fronts in Canada’s housing markets - RBC Thought Leadership It’s been a tranquil fall season for Canada’s housing markets this year. Early results from local real estate boards confirmed the broad cooling that took hold late this summer persisted into November. thoughtleadership.rbc.com READ MORE ... Surreal Estate: $6.2 million for an après-ski haven in the Blue Mountains with a CrossFit gym What wintry lodge would be complete without nine bathrooms, a three-sided fireplace, a theatre and a backyard built for shinny? torontolife.com READ MORE ... Montreal home sales down in November | CityNews Toronto The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales in November edged down one per cent compared with the same month last year. The association says home sales in the region totalled 2,664, down from 2,700 in November 2022. Single-family home sales totalled 1,329, down from 1,451 a year earlier, while condominium […] toronto.citynews.ca READ MORE ... Two of Canada’s Largest Banks Hit With Anti-Money Laundering Fines - Better Dwelling Canada’s financial crime watchdog appears to have just woken up. This week, FINTRAC announced they fined two of the country’s biggest banks for anti-money laundering (AML) non-compliance. Sampling just a small number of transactions, the agency found serious gaps in reporting procedures that may have allowed dodgy money to slip through the system.  RBC Failed […] betterdwelling.com READ MORE ... Ottawa home sales slow as interest rate brings about hesitancy Ottawa's real estate market typically slows down during the colder months of the year, and this year is shaping up to be no exception. ottawa.ctvnews.ca READ MORE ... Housing sales in London, Ont., hit 'historic' low in November | CBC News Residential home sales in London, Ont., declined in November, with the number of transactions down to nearly half of what they were during the peak of the pandemic three years ago, according to a local realtor.  cbc.ca READ MORE ... This average Toronto home is almost $3 million because of the backyard neighbours In Canada, only 50 per cent of people trust their neighbours. And, according to Statistics Canada, if you live in a big city that has more than 1.5... blogto.com READ MORE ... Current Trends in Canadian Homeownership and the Mortgage Industry By Zoocasa Current Trends in Canadian Homeownership and the Mortgage Industry ca.investing.com READ MORE ... Rising Interest Rates: Opportunity or Threat for Canadian Real Estate Investors? Where real estate prices will go depends on the supply-demand dynamic in the industry as well as where interest rates will go. fool.ca READ MORE ... Firm Standing on Mortgage Renewals: No Relief on Stress Test With interest rates rising, more Canadians are struggling obtain mortgage renewals due to mortgage stress test. Learn more here. blog.remax.ca 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 SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • Blog • Pinterest • Tumblr 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

💰 7th Dec 2023 - Mortgage Rates Under 5%? They’re Coming Back As Lenders Slash Fixed Rates!

💥 Thursday 7th December 2023 💥 Divorce And Real Estate - FREE Report! GTA Real Estate Sparks: Daily Heatwave! "Where Insight Meets Opportunity: Informed Reports & Sizzling Listings!" "GTA Real Estate Sparks: Daily Heatwave" is your daily source of the most electrifying updates and sizzling insights in the Greater Toronto Area real estate market. Each day, we deliver sparks that ignite the hottest trends, market insights, and crucial updates directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Daily Heatwave" covers a wide range of topics, from electrifying market dynamics to sparking investment opportunities and expert analysis. Stay charged and well-informed with the market's energy through "GTA Real Estate Sparks: Daily Heatwave" as your trusted resource for navigating the dynamic GTA real estate landscape. What are the options for dividing real estate assets during a divorce in Toronto? Dividing real estate assets during a divorce in Toronto involves careful consideration of legal, financial, and emotional factors. The options for dividing real estate assets can vary based on individual circumstances, but here are common approaches: Sale of the Property: One straightforward option is to sell the marital home and divide the proceeds between the spouses. This approach provides a clean break and allows each party to move on with their separate lives. However, market conditions and the emotional attachment to the home may influence this decision. Buyout by One Spouse: If one spouse wishes to keep the property, they can buy out the other spouse's share. This often involves refinancing the mortgage to release the other party's financial interest. The buying spouse should consider their ability to afford the mortgage and related expenses on their own. Equitable Distribution: Ontario follows the principle of equitable distribution, which means that marital assets, including real estate, are divided fairly but not necessarily equally. Factors such as each spouse's financial contributions, future needs, and the duration of the marriage are considered. Transfer of Ownership: Spouses may agree to transfer ownership of the property from one to the other as part of the divorce settlement. This can be done without a sale or buyout, but it requires careful legal documentation to ensure a clear transfer of ownership. Deferred Sale: In some cases, divorcing couples may agree to defer the sale of the property until a later date, such as when market conditions are more favorable. This option allows both parties to maintain a shared interest in the property until a predetermined point. Mediation or Collaboration: Mediation or collaborative divorce processes involve working together with a neutral third party to reach a mutually acceptable agreement. This can be beneficial for finding creative solutions that meet the specific needs and concerns of both parties. Court Decision: If spouses cannot reach an agreement, the court may make decisions on property division. Courts aim for a fair distribution based on legal principles, but this can result in outcomes that neither party finds entirely satisfactory. Legal Advice: Seeking legal advice is crucial during the divorce process. Each spouse should have their own lawyer to ensure that their rights are protected and that they understand the legal implications of various options. It's important for divorcing couples to communicate openly, consider the financial implications of each option, and work towards a solution that is fair and practical for both parties. Legal professionals, including divorce lawyers and mediators, can provide guidance tailored to individual circumstances. Mortgage rates under 5%? They're coming back as lenders slash fixed rates - Mortgage Rates & Mortgage Broker News in Canada For the first time since last spring, mortgage shoppers finally have a condition-free sub-5% fixed mortgage rate option. canadianmortgagetrends.com Read Now ... Bank of Canada’s Final Interest Rate Hold for 2023: Housing Market Impact By Zoocasa Bank of Canada’s Final Interest Rate Hold for 2023: Housing Market Impact ca.investing.com Read Now ... All eyes on interest rate announcement as Ottawa's 'hesitant' home market hits lull | CBC News As the Bank of Canada prepares to make another interest rate announcement Wednesday, homebuyers, sellers and industry watchers alike are keeping a wary eye on Ottawa's "hesitant" real estate market.  cbc.ca Read Now ... Oakville one of the most expensive housing markets in the GTA, as prices in most of Halton rise - inHalton | Local Online News Although prospective homebuyers in the Halton Region continue to benefit from a healthier selection of houses to choose from, prices in the region remain high across the board–especially in Oakville.  According to data from the Toronto Regional Real Estate Board (TRREB), there’s currently 2.2 months’ worth of inventory available in Halton (Oakville, Burlington, Milton and […] inhalton.com Read Now ... Someone just listed a Toronto home for $1k but you can't actually live in it In a commentary on Toronto's housing market, a local agency has listed a home in the downtown core for just $1,000, which is less than one might pa... blogto.com Read Now ... This Toronto home hasn't been on the market since the 60s Gracing the market for the first time in over 55 years, is 1356 Davenport Rd. This property is filled with opportunity and possibility – more so fo... blogto.com Read Now ... Someone is renting out bunk beds in downtown Toronto for $750 per month | Urbanized A Facebook Marketplace listing advertises a room in downtown Toronto for $750, but you'll have to sleep in a bunk bed with another roommate.  dailyhive.com Read Now ... Posthaste: Canadians missing mortgage payments as credit card debt hits $113-billion record Total consumer credit rose to $2.4 trillion in Q3, Equifax says ca.finance.yahoo.com Read Now ... Bank of Canada holds rates again. So when will cuts begin? - National | Globalnews.ca The Bank of Canada kept its benchmark interest rate unchanged at 5.0 per cent in the third consecutive decision on Wednesday, but warned further hikes are still in the cards. globalnews.ca Read Now ... Condo of the Week: $1.7 million to live in an impeccably restored Leslieville church with Gothic flair This 1,500-square-foot property comes with a shimmering kitchen, reclaimed wood beams, a 100-bottle wine locker and a rooftop hot tub torontolife.com Read Now ... How capital gains taxes work in Canada Have you made a profit off selling an investment? Learn how it figures into your taxes. rates.ca Read Now ... Ontario woman says she's shocked and angry after losing $80,000 in roofing scam An Ontario woman said she was shocked and angry after handing over $80,000 to a roofing company that claimed she had problems with her roof that didn't exist. cp24.com Read Now ... Canadian Real Estate Arson May Rise As Economy Slows, Warns Insurer - Better Dwelling The only bond stronger than a mother and its baby is the one between rising interest rates and the arson of new homes under construction. Commercial insurer Northbridge Insurance is warning home builders to look out for arsonists. In a letter this week, the firm explained they expect new home arson to rise as financial […] betterdwelling.com Read Now ... Montreal home sales down in November | CityNews Toronto The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales in November edged down one per cent compared with the same month last year. The association says home sales in the region totalled 2,664, down from 2,700 in November 2022. Single-family home sales totalled 1,329, down from 1,451 a year earlier, while condominium […] toronto.citynews.ca Read Now ... B.C. homebuyer awarded more than $5K after seller failed to evict basement suite tenant The corporate seller of a B.C. home has been ordered to pay the buyer more than $5,000 for failing to evict a tenant who refused to leave. bc.ctvnews.ca Read Now ... Average home price dips below $1M in Mississauga | insauga The latest real estate numbers are out and there is good news and bad news for those looking to buy a home in Mississauga. insauga.com Read Now ... GTA’s November slump likely to close out the year - REM Per capita sales is technically worse than one of the lowest months of sales volume experienced during the 2008 recession realestatemagazine.ca Read Now ... 'AFFORDABILITY ISSUES': House prices shoot up in Oakville but drop in Burlington as new real estate listings plummet in both municipalities, new report shows Latest number reveal different trends for both areas, some good for buyers, some good for sellers insidehalton.com Read Now ... BoC will be very cautious before starting rate cuts in 2024: economist Earl Davis, head of fixed income and money markets at BMO Global Asset Management and Allison Boxer, economist at PIMCO, join BNN Bloomberg to debate when the BoC will cut rates in 2024. bnnbloomberg.ca Read Now ... Real Estate Definition: What is a Chattel? As you navigate the Canadian real estate market, you might have come across something called a chattel. But what is a chattel? blog.remax.ca Read Now ... Toronto home prices fall in November but relief seen on the horizon The benchmark price of homes in the Toronto region declined in November and new listings fell month-over-month as elevated interest rates continued to cast a chill that is only likely to deepen over the winter months. Monthly data released by the Toronto Regional Real Estate Board (TRREB) Dec. 5 showed the composite benchmark selling price was $1,081,300 in November, a decline of two per cent from October. On a seasonally adjusted basis,... msn.com Read Now ... Edmonton family 'stuck in the rental market' amid high interest rates, mortgage prequalifications Renters in Edmonton like Dana Ibrasheva and her family feel “stuck in the rental market” amid high interest rates and mortgage approval requirements. In an interview with Postmedia, Ibrasheva said they’ve been renting for almost four years now. Though her landlord is nice enough to keep the rent as it is when their lease expired in September, she still feels it’s a temporary fix for her family until the rising cost of rent starts to pinch. “I’m... msn.com Read Now ... GTA’s November slump likely to close out the year - REM Per capita sales is technically worse than one of the lowest months of sales volume experienced during the 2008 recession realestatemagazine.ca Read Now ... Where do you stand on Toronto's plan to mix 6-storey buildings and single-family homes? | CBC News The city is hosting a webinar Wednesday night to talk about its major streets study, which proposes "gentle densification" along large streets lined with single-family homes across the city from Scarborough to Etobicoke. cbc.ca Read Now ... 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 SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca Social Media: Facebook Profile • Blog • Pinterest • Tumblr 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