• Ready to Buy or Sell Real Estate in the GTA? Be Ready for Mortgage Rate Increases.

    Author: Shane Ferrao |

    Blog by yourmortgageyourway.ca

    By Shane Ferrao No one can guarantee an interest rate increase but it’s good that people plan for that. Toronto is incredibly tight right now and continues to be a fairly solid investment – real estate continues to be very expensive and rents are going up quite a bit. However, we also see evidence that house prices are adjusting to where they were before their correction. As expected, this slowdown in the market is having a significant impact on prices. Buyers and Sellers are no longer on the same page: Home buyers are more careful and judicious about their home purchases. Even if they…

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